Senate debates

Wednesday, 14 September 2016

Questions without Notice

Superannuation

2:45 pm

Photo of David LeyonhjelmDavid Leyonhjelm (NSW, Liberal Democratic Party) Share this | Hansard source

You will index the $1.6 million cap on pension phase superannuation by the CPI, and the age pension by the higher of CPI and wages growth. This will lift the number of age pension recipients compared to Australians in self-funded, tax-free retirement and narrow the gap between the pension and the income of self-funded retirees. Minister, why are you promoting dependence over independence in this way?

Comments

No comments