Treasurer rejects Greens super plan

Treasurer Joe Hockey says it's very hard to take the Greens seriously on any economic policy -including superannuation.

Treasurer Joe Hockey has dismissed a new superannuation policy being floated by the Australian Greens that imposes more tax on high earners while lowering the rate for the lower paid.

The Greens claim the "super wealthy" are avoiding hundreds of thousands in tax using superannuation loopholes.

But Mr Hockey says it's very hard to take the Greens seriously when they refused to back indexation of the fuel excise.

"So how can you take the Greens seriously on any economic policy?" he told ABC radio on Thursday.


Share

1 min read

Published

Updated

Source: AAP


Share this with family and friends


Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Download our apps
SBS News
SBS Audio
SBS On Demand

Listen to our podcasts
An overview of the day's top stories from SBS News
Interviews and feature reports from SBS News
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch the latest news videos from Australia and across the world