House debates

Monday, 9 October 2006

Questions without Notice

Superannuation

2:25 pm

Photo of Peter CostelloPeter Costello (Higgins, Liberal Party, Treasurer) Share this | Hansard source

A very ominous sign in the Weekend Australian on 30 September 2006 was the headline ‘Changes to super will go: Keating’. The article read:

Former Prime Minister Paul Keating has warned superannuation tax changes may have to be cut back by future governments …

What possible future governments could he be talking about there? None other than Labor, which will not go on the record as supporting these changes—and the reason they will not go on the record to support these changes is that the Leader of the Opposition wants the right to take away the tax concessions and grab people’s money in future years. He does not want to go on the record. Mr Keating, his economic muse—

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