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Greens ‘absolutely’ ready to work with Labor on super tax plans
Greens senator Nick McKim, the party’s economic spokesperson, said he is “absolutely ready” to work with the treasurer, Jim Chalmers, on Labor’s superannuation tax plans. McKim told RN Breakfast the Greens are trying to put forward a modified proposal – lowering the threshold for increased super taxation to $2m, rather than Labor’s $3m – to move super away from being a vehicle for wealth accumulation and back into a system for “dignified retirement”.
That’s not something that we think should have happened. We are absolutely ready to work with the treasurer and with Labor to try and move the superannuation system a little bit back towards what its original intent was when it was set up …
We’re going to have those discussions. We want the system to be as fair and as strong as it can be in terms of providing for a dignified retirement for working Australians, and that’ll be our aim through the conversation.
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