Move to give Treasurer power over super rises

By Emma Griffiths

In its fresh attempt to axe the mining tax the Government has introduced another version of its repeal laws to parliament, with a new clause which would give the Treasurer the power to delay increases to superannuation.

A spokeswoman for Treasurer Joe Hockey said he intended to stick to the 2022 deadline, however the Opposition said the new legislation would allow the Government to delay the 12 per cent rate by more than a decade.

Read more here: ABC


You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>