Greens to Push for Super Tax Indexation
- Three days ago, the Nationals decided to leave the Coalition and will now serve as a minor party on the crossbench.
- This split follows historical patterns where the Coalition split in two of the three opposition periods since WWII, with a possible third split now.
- Meanwhile, Labor secured 94 of 150 lower house seats, allowing its MPs to lead the 48th Parliament when it resumes on July 22.
- Bob Katter strongly condemned Labor's superannuation tax proposal, describing it as a harmful move that will significantly impact middle-class Australians by doubling taxes on superannuation assets up to $3 million.
- Critics say the policy could force asset sales to pay large tax bills, potentially harming farmers and homeowners who hold property via super funds.
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Coverage Details
Total News Sources11
Leaning Left4Leaning Right1Center0Last UpdatedBias Distribution80% Left
Bias Distribution
- 80% of the sources lean Left
80% Left
L 80%
R 20%
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