9 March 2007

Rudd Cant Say No to Unions on Super Tax

"The failure by the ALP to rule out a return to the 15% tax on superannuation payouts shows their contempt for both workers and the superannuation industry," the Minister for Revenue and Assistant Treasurer, Peter Dutton said today.

Media reports yesterday indicated that Doug Cameron and the left wing unions, the real owners of the ALP, want to restore the 15 per cent tax on superannuation payouts.

"Mr Rudd had the perfect opportunity yesterday to knock this idea on its head but refused to come out and say 'no' for fear of putting the unions and their slush funds offside," Mr Dutton said.

"All this shows is that Mr Rudd is willing to put his union mates and their deep pockets ahead of the interests of ordinary working Australians."

"The ALP spokesperson on superannuation, Nick Sherry, yesterday delivered a 51 minute speech to the superannuation industry in which he claimed that the ALP stood for ‘certainty and stability’."

"However, he failed to state that the tax would not be re-introduced." 

"Yesterday’s failure by Mr Rudd and Senator Sherry shows just how wedded they are to appeasing their union masters rather than making sure ordinary Australian workers can safely plan for their retirement."

"So much for certainty and stability when the ALP leadership can’t even rule out the return of an end tax on super."

"Australians workers and the superannuation industry are right to doubt that the ALP won't change their minds on super at the behest of the unions."

"Mr Rudd’s silence on this issue harks back to Mr Beazley’s deafening silence on the Government’s superannuation reforms.  The ALP took 205 days to indicate their support for the end to the tax on super payouts."

"How hard is it Mr Rudd to simply say ‘no’ to the unions on a tax on super payouts?"