Your Investment Property forum is the place for positive industry interaction and welcomes your professional and informed opinion.

Cuts to super ‘a kick in the guts’: Shorten

Notify me of new replies via email
Your Investment Property | 18 Sep 2012, 10:51 AM Agree 0
Minister for Financial Services and Superannuation Bill Shorten has come out swinging against the opposition’s plans to tinker with super, claiming that they will make 3.6 million Australians worse off
  • Property Mavens | 18 Sep 2012, 02:53 PM Agree 0
    Whilst I don't necessarily agree with the prospective action being proposed by the Coalition, to clarify any changes to the LISC based on the comments above are not in fact a tax hike, but an equalisation to the tax that ALL workers are currently subjected to within their superannuation funds. To make reference to billionaires is inflammatory and has no relevance in this matter. Any reference to tax increases should be clarified in that they are not income tax increases but contribution tax equalisation.
  • graeme | 18 Sep 2012, 04:49 PM Agree 0
    Shorten is scare mongering again, because he knows he will be out of a job next election.
Post a reply