Abbott clarifies super stance

The federal opposition leader, Tony Abbott, has confirmed his commitment to increase the superannuation guarantee from 9 to 12 per cent in correspondence with Professional Planner’s sister publication, Investment Magazine Online.

The support of the increase comes in the wake of ambiguity about the opposition’s stance on the matter fuelled by the press department of Minister for Financial Services and Superannuation, Bill Shorten.

Shorten’s office last week released a statement that said the shadow finance minister, Andrew Robb, had hinted in an interview with Business Spectator that the coalition would not support the Gillard government’s policy of increasing the universal superannuation guarantee from 9 to 12 per cent.

In the interview with Robert Gobbliesen, Robb said if he was in power the first initiative would be to remove both the mining tax and the carbon tax.

“We are not going to support the programs that the mining tax is supposed to support in a financial sense,” he said, with Gobbliesen pointing out this included superannuation.

Abbott refuted Robb’s comments in his written correspondence with Investment Magazine Online.

 

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One response to “Abbott clarifies super stance”

  1. Richard

    This next election will be one that is the Coalitions’ to lose.

    They just need to play with a straight bat from here and not mess up…!!

    Come on guys…

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Moving beyond the myths of the great wealth transfer

Moving beyond the myths of the great wealth transfer

The families that navigate generational transition most successfully are not those with the best wills or most sophisticated portfolios, but those that clarify values, build governance and embed a culture of stewardship long before it is needed. JBWere's Kim Venter busts four myths that oversimplify the great wealth transfer and obscure the deeper work families must do to sustain wealth across generations.

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