Coalition claims Govt may hit super again in Budget
The Federal Opposition has claimed there may be more changes to superannuation in the May Federal Budget going beyond the changes announced by the Treasurer, Wayne Swan, and the Minister for Financial Services, Bill Shorten, on Friday.
Both the Shadow Treasurer, Joe Hockey and the Shadow Assistant Treasurer, Senator Mathias Cormann, claimed the Treasurer had specifically failed to answer questions with respect to whether changes would be made to superannuation in the Budget.
They claimed this meant the Government might still seek to tap superannuation to help reduce the Budget deficit in May.
Hockey and Cormann challenged the Treasurer to commit to having the legislation around last week's superannuation policy changes introduced during the Budget week of Parliament, with a view to having them implemented before the Federal Election scheduled for 14 September.
"If Wayne Swan had any ticker he would immediately test his own caucus and introduce these so-called ‘reforms' in Budget week — and commit to having them passed by the September election," they said.
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