5 days ago
Labor Minister admits federal politicians will ‘not have to pay' super tax until retirement
Sky News Political Editor Andrew Clennell says Employment and Workplace Relations Minister Amanda Rishworth has admitted that federal politicians on the old pension scheme will not have to pay the superannuation tax until they retire.
Two leading Coalition frontbenchers have called on Labor to scrap taxing unrealised gains and index the threshold in its controversial superannuation proposal if the Opposition is to consider bipartisan support for the plan.
'That puts them in a different category to ordinary Australians, who, controversially, we know under this legislation, will be paying tax on money they don't have yet,' Mr Clennell said.
