The federal Labor Opposition is preparing to fight the next election on superannuation concessions, holding firm to the belief that the current system is wholly unsustainable and the Government’s “no touch” approach is fiscally irresponsible and inequitable. From The Guardian:
Budget figures show that the accumulated cost of concession for superannuation earnings and contributions will top $50.6bn by 2018-19. By contrast, the age pension will cost taxpayers $50.4bn…
