
Liberals flip-flopping on super tax talks, Jim Chalmers says
Jim Chalmers is claiming the opposition is flip-flopping on super tax talks as the mudslinging over the controversial proposal intensifies.
The Treasurer has accused the Coalition of shutting the door on negotiations to pass a version of the reforms through the Senate when parliament resumes in August.
His opposition counterpart Ted O'Brien has accused him of doing the same and choosing to deal with the Greens instead.
Mr Chalmers said on Thursday there was 'a lot of disunity in the Coalition' on the tax.
'First of all, on my opposite number, one day he said he wanted to have a discussion about it, the next day he said that he didn't,' he told the ABC.
'There's a lot of disunity in the Coalition over this.
'They seem to have different views amongst them and different views from day to day.'
Mr Chalmers also said the Albanese government had 'been very clear from the beginning we don't have the numbers in the Senate to pass our legislation on our own'.
'We need to engage with the crossbench in particular in this instance, and I intend to do that,' he said.
'And I'll have discussions with the spokesperson from the Greens, Nick McKim, whose appointment was announced yesterday.
'I'll have discussions with him between now and the parliament returning.
'But our intention, our preference, is to legislate the plan that we announced almost 2½ years ago now.'
Critics have blasted the proposal to roll back concessions on ultra-high super balances as a tax on unrealised gains that would penalise younger generations down the track.
Only half a per cent of Australians – some 80,000 – have super balances north of $3m.
But Labor has admitted that 1.2m superannuants would be captured within 30 years.
The Albanese government has also argued that super holders in the top half per cent would still be eligible for 'generous' concessions and it was fair that they contribute more.
Also speaking to the ABC, the shadow treasurer accused Mr Chalmers of framing himself as a 'modern-day Robin Hood'.
'The Treasurer is not being upfront,' Mr O'Brien said.
'And the reason is he's wanting to pretend he's sort of some modern-day Robin Hood, taking from the fat cats with multimillion-dollar portfolios to fund the good deeds of government.
'That's not right because they're not indexing it, which means a young person today who earns average salary, pays the super contributions over time, they will get paid into the super account – they're going to hit that threshold which is why you have got organisations like Wilson Asset Management saying that over eight million Australians will end up paying this over the next few decades.'
Anthony Albanese again defended the policy, telling reporters in Melbourne there was 'not anything new here'.
'This has been before the parliament for about two years,' the Prime Minister said.
'What we need to do is make sure that our superannuation system is fair. That is what we are setting out to do.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

The Age
3 hours ago
- The Age
Tasmania cannot beat the $1b cost of an AFL stadium
Alternative universe In what world did Peter Dutton think it was a good idea to appoint Alan Stockdale and Richard Alston as administrators to run the NSW division of the Liberal Party (″ Ley slams reverse quota talk ″, 5/6)? Having these two gentlemen lead any aspect of reforming the Liberal Party to ensure its relevance in the 21st century seems to be a great example of why the ″back on track″ slogan and strategy was such a disaster in the 2025 election campaign. Alex Donaldson, Hawthorn East See merit in reform Age chief political commentator James Massola puts forward a convincing argument as to why Jim Chalmers should cede some negotiating ground with the opposition on the question of superannuation reform (Comment, 6/6). However, the arguments put forward by the opposition on behalf of a small number of rich Australians have insufficient substance to be accepted. Superannuation is designed to provide a comfortable living in retirement. It is not a tax haven for a family farm nor expensive artwork. Adding to this point, it is disingenuous to project forward the impact of these changes 30 years, when an estimated 1.2 million people will have more than $3 million in their super accounts. As with our tax scales, adjustments will occur as time passes. It should also be noted that, Paul Keating in achieving significant economic reforms, didn't negotiate with John Howard. Rather, the opposition saw the merit of the Hawke-Keating reforms and didn't oppose them. If the opposition wants to seen to be more relevant, its challenge is to negotiate with Chalmers, not the other way around, and certainly not by pursuing a public relations campaign on behalf of rich Australians who just don't like paying tax. James Young, Mount Eliza Parental responsibility I can see that principals might be concerned about the introduction of disciplining students for out-of-school misbehaviours. Perhaps one way of reducing the need might be to tell boys and their parents when they start the school that this might occur if they misbehave in any serious way. And then, if the government follows the American tendency to give parents of such children's activities some legal responsibility for the child's behaviour, the number of such incidents might, over time, decrease. Anthony Whitmarsh, Bulleen Different in government In 2020, the ALP opposition decried – rightly – the Morrison government's 'gas-led recovery'. Now very securely in government the ALP has continued very strong support for the gas industry. Supporting the science and our environment was easy in opposition; in government apparently less so. The Woodside North West Shelf extension (until 2070) is outrageous. The emissions released will totally negate any reductions from our welcome but too slow transition to renewables. Peter Moore, Clifton Hill Not capital idea While there is some justification in increasing the tax on superannuation balances over $3million, there is absolutely no justification to attempting to tax 'unrealised' capital gains. It is inherently unfair. Those smug people who think that this is a tax on the super rich, be aware. Be really aware. Once it is established in the tax system that a such a tax is applicable where will it end? Why not tax share portfolios, investment properties, farms and, dare I say it, the family home. All may have unrealised capital gains and the principle has been established. Be aware. Be really aware. Vince Vozzo, Elwood History lesson The article ″ Trump fears Harvard's excellence ″ (5/6) outlining the critical value of universities, should be read in tandem with Cardinal Newman's The Idea of a University, first published in 1852. Though canonised as a saint in 2019, much of the Part 1 titled ″University Teaching″ focuses on the universal, secular issues confronting universities today. Elizabeth Douglas, Melbourne Silent epidemic Thank you for drawing attention to anorexia as the deadliest mental health condition (″ Anorexia a deadly illness but treatment is lagging ″, 5/6). It is unbelievable that more Australians die from this than they do from the road toll, and yet nothing seems to be being done to improve those terrible statistics. One can't help wonder if the disease wasn't perceived as something that just affects teenage girls, whether we would have a cure by now, instead of relying on 50-year-old treatments. It really is a silent epidemic that no one seems to acknowledge or care about. Anne Clisby, Alphington End UN veto power The US has blocked a resolution calling for a permanent ceasefire in Gaza by exercising its veto power on the UN Security Council as a member of the permanent five big powers. If it's not the US doing this, then it's member Russia stopping effective UN support for Ukraine's struggle against its invader. The UN could be an effective force for world peace but it urgently needs reconstruction to become fully democratic, with the General Assembly the final decision maker and the veto power of the big five – China, France, Russia, the United Kingdom, and the US – rescinded. A large UN combat force is also required, not just to maintain peace after the blood is shed, like the current UN peacekeeping force, but one capable of rapid deployment to take the side of oppressed peoples like the Gazans and those heroically fighting imperialism like the Ukrainians. 'Peace through strength' based on collective security is why the UN was set up in 1945. Barry York, O'Connor, ACT How low can it go? Each day's news from Gaza leaves many of us wondering how the suffering could possibly worsen, yet it does. The recent deaths of 27 people waiting for food marks a horrifying new low. They were parents desperate to feed their children. What kind of war justifies the shooting of the starving? Beyond those points, Israel's leaders have stated their intent to destroy Gaza, and their conduct matches those words. If a state shows no willingness to limit its own violence, the world must act. Sanctions, an arms embargo, the deployment of peacekeepers, or even military intervention must be urgently considered. Waiting for a sudden outbreak of conscience is not a strategy. Zoe Kenny, St Kilda East No Israel is their plan Your correspondent (Letters, 6/6) says that the creation of a separate Palestinian state is the only solution to resolving Palestinian resentment at their plight. But he ignores the fact that this is precisely what they were offered not just in the 1947 UN Partition plan, but several times thereafter. That this has never been achieved has ultimately been because the leadership of one or more of Israel's neighbours until this day have only been prepared to accept a Palestinian state that was instead of, rather than alongside the Jewish state. Geoff Feren, St Kilda East Indefensible act Since when did starving innocent people to death become 'self-defence'? Jody Ellis, Thornbury Stakes are high No matter how much American beef hits these shores, I for one will never be persuaded to buy anything that comes from Trump's America (″ US beef on the table in Trump trade-off ″, 6/6). Dudley Chamberlain, Beaumaris English in express lane After reading student essays, a colleague remarked to me: 'I have to concede that English is changing, but not that fast.' James Goding, Princes Hill AND ANOTHER THING Politics Alan Stockdale's template for a Liberal Party preselection process: assertive women and non-assertive men to the left; short, assertive men with bushy eyebrows to the right. Bernd Rieve, Brighton There may be one dinosaur in the room (Letters, 6/6), but they are not extinct. There are still many circling the house, mouths gaping, roaring prehistoric ideas to the Liberal Party in what is a new world. Anne Carroll, Brighton East Alan Stockdale turns to the standard reply of those caught out by something they've said: 'It was just a joke.' Tim Durbridge, Brunswick I wish columnists like Shaun Carney (Comment, 5/6) would stop writing advice to the Liberal Party about how to recover support in the electorate. I'm very happy with their present position. Peter Hepburn, Claremont, Tas Trump/Musk Donald Trump and Elon Musk with their clashing outsized egos live in an echo chamber that must be cacophonous. Barrie Bales, Woorinen North The reality show between Donald Trump and Elon Musk ″Ugly and uglier' has finally gone to air after many previews. Take a seat and enjoy. Ruth Davis, Carrum Furthermore I withdrew $1000 from my account in the High St last week. There is no ATM. Later, I was staggered to find I was charged $2.50 for a ″staff-assisted service fee″. Have banks no shame? George Stockman, Berwick The AFL has made an overdue Tasmanian team dependent on building an expensive stadium. This has helped bring down the Tasmanian government. Malcolm McDonald, Burwood


West Australian
4 hours ago
- West Australian
Cost-of-living pressures sees Aussies take on a second job
The post-Covid boom in the number of Aussies working multiple jobs continues as higher cost of living pressures means more workers are taking on a second gig. The Australian Bureau of Statistics data shows that in the March quarter there were 963,100 Aussies – or 6.5 per cent of the workforce – who had more than one job. While this is actually down from the previous quarter where 999,500 Australians held multiple jobs, it is still a sharp uptick in workers looking to diversify their incomes compared with the years prior to Covid, where around 5 to 6 per cent of Aussies took on a second gig. Seek senior economist Blair Chapman said the spike in cost-of-living pressures from inflation meant more Australians needed to take on extra work. 'We've really seen cost-of-living, especially for employee households, increase quite a lot over the last couple of years,' he said. 'If you've got a mortgage, those repayments have increased quite a bit over the last couple of years so I suspect people have sought a second job just to reach the higher cost of living recently.' Australians are holding onto their second job despite the overall unemployment rate holding firm in recent months, around the 4.1 per cent mark. The main driving force behind this trend is underemployment meaning workers are getting fewer hours from their primary employer than they'd like. 'We are seeing more people being employed in industries where we tend to see a lot of multiple job holdings,' Mr Chapman said. 'For example, we've seen healthcare and social assistance grow and that is one of the industries where multiple job holdings are most common. 'That comes down to the nature of the work, where you have shift work and one business may not be able to provide all the hours an employee wants so the individual has to work across multiple sites to get the hours they are desiring.' Many of these multiple job holders are Australians aged between 20-24, with women more likely to hold a second role over males. In contrast older Australians aged between 60 to 64 are the least likely to hold a second role. 'When we look at a lot of the multiple job holders, they tend to be younger. Maybe it is a university aged person who can't work full-time but can work nights and weekends,' Mr Chapman said. 'While maybe it is not the same job but for them it is probably good they can work multiple jobs with flexible hours.'


Perth Now
4 hours ago
- Perth Now
Reason Aussies are working multiple jobs
The post-Covid boom in the number of Aussies working multiple jobs continues as higher cost of living pressures means more workers are taking on a second gig. The Australian Bureau of Statistics data shows that in the March quarter there were 963,100 Aussies – or 6.5 per cent of the workforce – who had more than one job. While this is actually down from the previous quarter where 999,500 Australians held multiple jobs, it is still a sharp uptick in workers looking to diversify their incomes compared with the years prior to Covid, where around 5 to 6 per cent of Aussies took on a second gig. Seek senior economist Blair Chapman said the spike in cost-of-living pressures from inflation meant more Australians needed to take on extra work. 'We've really seen cost-of-living, especially for employee households, increase quite a lot over the last couple of years,' he said. Women are more likely to take on multiple roles compared to men. NewsWire / David Mariuz Credit: News Corp Australia 'If you've got a mortgage, those repayments have increased quite a bit over the last couple of years so I suspect people have sought a second job just to reach the higher cost of living recently.' Australians are holding onto their second job despite the overall unemployment rate holding firm in recent months, around the 4.1 per cent mark. The main driving force behind this trend is underemployment meaning workers are getting fewer hours from their primary employer than they'd like. 'We are seeing more people being employed in industries where we tend to see a lot of multiple job holdings,' Mr Chapman said. 'For example, we've seen healthcare and social assistance grow and that is one of the industries where multiple job holdings are most common. Aussies in the healthcare sector are most likely to take on multiple jobs. NewsWire / David Crosling Credit: News Corp Australia 'That comes down to the nature of the work, where you have shift work and one business may not be able to provide all the hours an employee wants so the individual has to work across multiple sites to get the hours they are desiring.' Many of these multiple job holders are Australians aged between 20-24, with women more likely to hold a second role over males. In contrast older Australians aged between 60 to 64 are the least likely to hold a second role. 'When we look at a lot of the multiple job holders, they tend to be younger. Maybe it is a university aged person who can't work full-time but can work nights and weekends,' Mr Chapman said. 'While maybe it is not the same job but for them it is probably good they can work multiple jobs with flexible hours.'