One Nation claims Labor plan to hike taxes on super
One Nation MP Barnaby Joyce has accused the Australian Labor government of planning to increase taxes on superannuation retirement savings. The government has denied these claims, framing the opposition's stance on superannuation as anti-worker.
Why it matters
The debate over superannuation policy is a significant political flashpoint in Australia, impacting retirement planning and national economic policy.
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Share A A A Barnaby Joyce has pointed to the prime minister’s past broken promises to suggest Labor wants to hike taxes on retirement savings, embracing the superannuation fight the government has taken to One Nation .
“We know that the Labor government, just like they lied about the changes to the capital gains tax, are looking greedily at super,” Joyce, One Nation’s treasury spokesman, told Radio National on Tuesday. “With $4.5 trillion in super, we have to reaffirm: don’t look there.”
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