Opinion
Albanese’s version of integrity comes with a means test
The prime minister gave copious reasons why Labor should honour the stage three tax cuts. Then he went and backflipped anyway.
Phillip CooreyPolitical editorAnthony Albanese came to office promising to restore integrity to politics. What he failed to mention was that his version of integrity came with a means test.
Albanese and Treasurer Jim Chalmers first tested the waters last year when they broke the unambiguous pre-election promise of no changes to superannuation taxes and doubled the tax on earnings on the balance of funds above $3 million. (To give it a veneer of defensibility, the change will not take effect until after the next election.)
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