Election 2016
THE Seniors United Party has called on the major parties to commit to reversing changes to superannuation announced in the May budget.
NSW Senate candidate Chris Osborne said the newly-formed seniors party opposed the decision to backdate a lifetime cap on superannuation contributions to 2007.
"What the Treasurer has done is reneged on a long-standing convention that no major changes to superannuation would be applied retrospectively," he said.
He said changes to the Transition to Retirement scheme were ill-advised and would serve as a disincentive for people to take the scheme up.
"The Seniors United Party opposes any further changes to superannuation until a full independent and external inquiry is held on retirement income.
"What employees and the superannuation industry need is stability and surety so they can plan for their retirement without the fear and uncertainty of repeated changes to rules from the government of the day."
Mr Osborne said he would also oppose cuts to aged care.
"One aged care facility has stated publicly that this will lead to an 11.3% reduction in annual funding for the facility, which would be countered by decreasing registered nursing staff and rejecting residents with high complex care needs who will have no alternative but to go to public hospitals putting even more pressure on the State hospital system.
"All this is going to lead to an inability to care safely for aged people with very high complex care needs in nursing homes."
