Labor's plan to reintroduce the 10 per cent rule is not so super

By Noel Whittaker
May 16 2019 - 8:00am
Labor, despite always rattling on about inequality, and claiming to be the champion of women, is threatening to reverse this long overdue and essential changes to the rules. They want to bring back the 10 per cent rule, and revert to a system in which certain privileged employees got an effective tax deduction through salary sacrifice while less fortunate ones missed out.
Labor, despite always rattling on about inequality, and claiming to be the champion of women, is threatening to reverse this long overdue and essential changes to the rules. They want to bring back the 10 per cent rule, and revert to a system in which certain privileged employees got an effective tax deduction through salary sacrifice while less fortunate ones missed out.

The election is getting close, and we are being bombarded with competing policies. Now I appreciate that people of goodwill may have diverse views these policies, but Labor is pushing two which are indefensible. The repeal of the legislation which allows people to make catch up super contributions to make up for time out of the workforce, and stopping employees claiming a tax deduction for voluntary superannuation contributions.

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