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The Australian: Super solution must be Prime Minister's priority

Superannuation issue sparks feuds  within the Coaltion.
Superannuation issue sparks feuds within the Coaltion. Source: Getty image

The Australian argues in its recent editorial that Malcolm Turnbull needs to settle the superannuation issue as soon as possible. Only then will the government be able to move on.


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By Euna Cho, Yang J. Joo

Source: SBS



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The Australian argues in its recent editorial that Malcolm Turnbull needs to settle the superannuation issue as soon as possible. Only then will the government be able to move on.


When parliament resumes on August 30, the Turnbull government will need a policy and a political solution to resolve the controversial superannuation changes it announced in the budget on May 3.

After doing relatively little since the election, Malcolm Turnbull needs to settle the superannuation issue as soon as possible by placating anger in Coalition ranks and negotiating with the opposition - or with minor parties in the Senate - to secure support for reform.

Coalition MP George Christensen has threatened to cross the floor over the proposed $500,000 cap over non-concessional contributions and changes to the $1.6 million pension fund transfer cap.

 

In a tight parliament, the Prime Minister would face a humiliating defeat if he failed to secure opposition support for his proposals and other Coalition MPs joined Mr Christensen in crossing the floor in the House of Representatives.

 


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