Coalition’s super reforms a vote winner?

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By Leith van Onselen

I wrote this morning how several Coalition MPs are pressuring Malcolm Turnbull and Scott Morrison to wind-back their announced superannuation reforms, arguing that it cost the party dearly at weekend’s election.

Well, Treasurer Morrison has hit back insisting there was “no correlation” between the wealthy electorates hardest hit by the Government’s proposed super changes and swings against Coalition MPs. From The AFR:

ScreenHunter_13868 Jul. 05 13.18

As shown above, of the ten seats most affected by the Government’s super reform package, five Coalition MPs increased their vote at the election and five experienced swings against them.

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Given that there was an overall 3.6% swing against the Liberal Party, and that all of the seats above performed better than the average, wouldn’t this suggest that the super reform package was a vote winner overall?

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.