Super s not a piggy bank pm tells labor 20150520 p5t6nw.html – Breaking News & Latest Updates 2026
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This was published 11 years ago

Super's not a piggy bank: PM tells Labor

AAP

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Prime Minister Tony Abbott says Labor should stop trying to use superannuation as its piggy bank.

Shadow treasurer Chris Bowen will use his traditional post-budget replay speech on Wednesday to warn that tax breaks on super will soon outstrip the age pension as one of the biggest burdens on the budget and argue they need to be scaled back.

"The Labor party should wake up to the fact that superannuation savings belong to the people who worked hard ... and stop seeing Australians super as a piggy bank that they can raid whenever they are in trouble," Mr Abbott told reporters in Brisbane.

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