General Discussions

[ElwoodBlues1]

Shorten's version was badly thought out and marketed.  If you are going to change people's financial planning at the drop of a hat, there needs to be provision for grandfathering/tapering of the change - it has been part of planning for 15-20 years, can't just undo it.

Cost Labor a lot of retirees and their families votes, Wilson Asset Management boss Geoff Wilson campaigned hard against it and and won a lot of support. Going to be hard to win those votes back for Labor and the Libs are going to use it every election like how work choices became an anchor around their necks.