Friday, March 2, 2012

Fed: Labor says super changes disappointing


AAP General News (Australia)
02-25-2004
Fed: Labor says super changes disappointing

Labor says Treasurer PETER COSTELLO has failed to fix the two main problems in superannuation
savings, which are high fees and high taxes.

Opposition treasury spokesman SIMON CREAN has welcomed plans to encourage retirees
to exchange their super lump sum for a pension and make it easier to combine part-time
work and super.

But he's told ABC radio Labor plans to cut the tax on super contributions from 15 to
13 per cent, …

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