Federal Opposition leader, Tony Abbott has further attacked the government's planned changes to superannuation.
The changes target the supperannuation funds of people who earn more than $100,000 and also include an increase in the tax-free cap of unindexed personal super contributions for those over 60 years of age to $35,000 dollars.
Mr Abbott says the is breaking its promise to increase the tax-free cap to $50,000.
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He says the government can't be trusted because it continuously breaks its promises.
"They said in last year's budget that it would rise to $50,000. Now they've dropped that, that's one of the broken promises. Now they're saying that it will simply rise to $35,000 and we should not allow the fact that they are promising a rise to obscure the fact that they are also breaking a promise."
Superannuation Minister Bill Shorten defended the government's changes to superannuation announced yesterday, and criticised the Opposition for having no plan on the concessional cap.
"The opposition's current policy on superannuation is to keep caps at $25,000 - so to get a lecture from the Opposition...We want to lift the concessional caps for people over the age of 60 from $25,00 to $30,000 - if they've got the money. The Opposition don't have a policy."
