Shorten's superannuation policy to hit accounts over $1.5 million
I can't imagine this policy not being popular with the electorate. I just wonder whether it really goes far enough.
But I will have to wait until Judith Sloan breaks out the bold button until I can tell if it is a really good policy. (If she hates it, it probably is.)
Update: Hilarious, especially if the Coalition ends up doing something similar...
Update 2: Yes! Judith has bolded her objection to this outrageous attack on the cashed up retirees who manage to draw in more than $75,000 per year. That's less than average weekly earnings, she tells us. What she doesn't mention is that average receiver of average weekly earnings pay tax on it - about $16,000 worth.