Voters prefer super to tax cuts

interest rates federal government super funds

14 March 2008
| By George Liondis |

Australians have given the Federal Government the green light to deliver it’s election tax cuts to their superannuation rather than income, according to a national poll completed for the Australian Workers’Union.

AWU national secretary Paul Howes said a majority of employed Australians would prefer the promised tax cuts to be divided between their super funds and tax cuts — based on the AWU plan released earlier this year.

“The poll shows voters are economically and politically sophisticated enough to understand that in the fight against inflation and rising interest rates the option of increased superannuation rather than tax dollars in the pocket is smart stuff,” he said.

“Our poll also reveals that Labor supporters and union members are particularly enthusiastic about this idea.”

Howes said the poll, which is the second Morgan poll conducted this month, indicated that Australians understood the economic issues facing the Rudd Government and are prepared to allow the Prime Minister to switch his policy from tax cuts to super savings.

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