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Politics Now - Labor dares to meddle with superannuation

Labor dares to meddle with superannuation

03/02/23 • 26 min

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Politics Now

This week, the Albanese Government announced changes to tax concessions for Australians with more than $3 million dollars in superannuation.

The Opposition has labelled the move a “broken election promise”.So, why has Labor taken this political risk?

Host of Insiders, David Speers joins Patricia Karvelas to unpack.

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This week, the Albanese Government announced changes to tax concessions for Australians with more than $3 million dollars in superannuation.

The Opposition has labelled the move a “broken election promise”.So, why has Labor taken this political risk?

Host of Insiders, David Speers joins Patricia Karvelas to unpack.

Previous Episode

undefined - Spies, subs and superannuation

Spies, subs and superannuation

This week, Prime Minister Anthony Albanese used his National Press Club address to focus on national security and sovereignty. It followed revelations by ASIO boss Mike Burgess that Australia was experiencing more foreign interference and espionage than ever before.

And the government is facing a battle on another front, as they attempt to "end the super wars", by floating changes to superannuation.

John Kehoe, Economics Editor at the Australian Financial Review joins Patricia Karvelas and Fran Kelly on The Party Room.

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This week, the Reserve Bank raised interest rates for the 10th consecutive time. But now the RBA Governor Phillip Lowe has indicated that a “pause” in rate hikes could be on its way.

ABC Business Editor Ian Verrender joins Patricia Karvelas and Fran Kelly on The Party Room.

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