Labor needs to come clean on any plans to change superannuation tax breaks for retiring Australians

Labor’s planned cuts put superannuation tax breaks in question. Shadow Minister for Superannuation, Michael Keenan MP, has today said Labor needs to come clean on any planned changes to superannuation – including any new taxes on retirees drawing on their hard-earned savings. Mr Keenan said although in Parliament last year the then Shadow Treasurer Wayne…

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Shock axing of superannuation advertising campaign will cost Australians in the long run

The Rudd Government must give Australians important information on the very real benefits of simplified superannuation – changes that encourage people to save for their retirement AND stay in the workforce. Shadow Minister for Superannuation, Michael Keenan MP, said Labor’s announcement today that it planned to axe the simplified superannuation advertising program was “completely irresponsible”.…

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Infrastructure Australia: Low returns for super funds or high charges for consumers?

The Rudd Government must clarify infrastructure funding plans. Despite plans to introduce new legislation as soon as Parliament commences on February 12 to create Infrastructure Australia, the Government refuses to clarify how it intends to finance the new projects the authority intends to progress. Ministers have alluded to using superannuation funds, but have refused to…

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