Sky News Australia host Laura Jayes says there is a 'slight arrogance' from the Albanese Government in changing the $3 trillion retirement scheme, questioning what the government will 'come after next'.
Jayes dived deeper into the issue on AM Agenda, saying Labor was"taking a gamble" that anger around the proposed super reform would"dissipate between now and the next election".
“Instead they argue it’s for budget repair, a budget that is almost $40 billion better off than it was at election time." “The clever political fix is that is doesn’t come in until after the next election essentially daring voters to vote them out for penalising millionaires," Jayes said. “So the question that everyone’s asking this morning is, what do they come after next? Capital gains, negative gearing, the list goes on," Jayes said.
“And a reminder, the way they talk about tax breaks as if it’s the government’s money, it’s not, for decades workers have been putting their hard-earned dollars into super because it’s compulsory."
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Australia news live: Coalition infrastructure projects face axe; Rajwinder Singh flying back to AustraliaFollow the day’s news live
Read more »
Albanese government accused of ‘Labor’s version’ of the ‘sports rorts’ affairSky News host Sharri Markson says the Albanese government stands accused of “pork barrelling in the same vein” as the 2019 “sports rorts” affair. Ms Markson spoke of Labor’s announced $40 million for the Improving Mobile Coverage Round – which was formalised earlier this month. “In an election promise, Communications Minister Michelle Rowland pledged to fix the mobile black spots in regional areas,” Ms Markson said. “Tonight, we can reveal the vast majority of locations being funded are in Labor-held seats … as it turns out – 40 out of the 54 locations are in Labor electorates. “And just 11 locations are in Coalition-held seats – seven of those 11 locations were marginal seats that Labor hoped to win at the last federal election. “So, 40 out of 54 areas receiving funding to fix mobile coverage are in Labor seats.” Ms Markson commented Opposition Communication Spokesman David Coleman said this was Labor’s version of the “sports rorts” saga, where Labor attacked the former Morrison government for directing sports funding to Coalition electorates.
Read more »
Labor has ‘broken an election promise’ following super reformSky News host Chris Kenny says Labor has “broken an election promise” with the Albanese government’s super reform. From 2025-26 super funds valued at more than $3 million will not benefit from generous tax concessions on earnings. “Another Labor broken promise, and another Labor tax increase, and who could blame the Coalition for going hard on that, and justifiably asking where will it end,” Mr Kenny said. “But look, while Labor should've been honest about this before the election, let's be realistic, they've dealt with that pretty neatly, and fairly, by saying their changes won't come in until after the next election ... so voters will get a say before a single dollar of extra tax is paid. “The real worry with Labor's super plans remains, however, and that's the plan to prescribe and guide the investments made by super funds.”
Read more »
News Labor govt seems to want a ‘pride’ dimension to foreign policyOn the back of the weekend's gay pride Mardi Gras in Sydney comes the news that the Albanese government seems to want a “pride” dimension to Australia's foreign policy, says Sky News host Peta Credlin. “The Sydney Morning Herald today reports that Foreign Minister Penny Wong will tell a WorldPride Human Rights Conference this week in Sydney that Australia will commit $3.5 million this year to support LGBTQ civil society organisations to reduce discrimination in the Asia Pacific,” Ms Credlin said. “I don't think Australian taxpayers should be funding activists to lecture the Solomon Islands, PNG, Tonga and elsewhere about gay rights or any other issue. “If we feel strongly about it, fair enough, raise it at a ministerial level.”
Read more »
SKY NEWS EXCLUSIVE: Lismore reflects on catastrophic floods 12 months onThousands of people in the NSW Northern Rivers region are reliving the trauma of the disastrous flooding that struck 12 months ago. Many flood victims have criticised the state government for an ineffective response to their pleas for help. Sky News Weather Presenter Rhiannon Elston presents a special broadcast looking at the recovery effort in Lismore 12 months on from the deadly and devastating flood emergency of 2022. Lucy Polkinghorne explains how the events unfolded when disaster struck on February 28 last year. Adam Walters is on the ground in Lismore talking to locals fed up with what they call a slow government response. Meteorologists Alison Osborne and Rob Sharpe break down the numbers behind the event which will go down as one of Australia’s worst floods.
Read more »