Super stoush continues

government/IFSA/financial-services-association/

5 September 2006
| By Glenn Freeman |
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Nick Sherry

Shadow Minister for Superannuation Nick Sherry has called for more detail on the Government’s Budget superannuation changes before responding to the latest challenge from Assistant Treasurer Peter Dutton.

The verbal stoush on superannuation between Government and the Opposition begun in early July enters a new phase this week.

Both Dutton and the Opposition spokesman on financial services, Senator Nick Sherry, are addressing this week’s Investment and Financial Services Association (IFSA) conference on the Gold Coast.

Yesterday, Sherry and shadow Minister for Finance, Lindsay Tanner, said the IFSA conference was an ideal time for Dutton to reveal crucial details including costings, draft legislation and income distribution analysis of benefit outcomes, as a precursor to Labor’s response.

They went on to suggest the Government was trying to keep the details secret.

“It is an arrogant and lazy government that expects a Labor opposition to sign up to an unfinalised, discussion status ‘plan’ without specific costings and legislation.”

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