One Nation reveals plan to divert superannuation to boost pay
Australians paying rent or a mortgage would be given a choice to divert a portion of their superannuation to boost their income for up to three years under a One Nation proposal.
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Australians → reveal → proposal
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Key Event
Joyce argues One Nation super plan a 'change in attitude'
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plan → submit → attitude
Barnaby Joyce can't see why the government would have an issue with One Nation's proposed superannuation plan.
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government → see → plan
It's a change in attitude — that if you're doing it tough, you get some of your own money back," he argued at a press conference in Sydney this morning.
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he → do → Sydney
The One Nation treasury spokesman said the policy, which would allow renters and mortgage holders to carve out a quarter of their 12 per cent super payments for up to three years, would help "keep people in their home".
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renters → say → home
"What we are doing here is giving people back some of their own money from the future, not taking it out of their current balance, but [out of] some of their own money in the future.
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doing → do → future
And what we have to realise [is] that superannuation is not a national asset.
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superannuation → realise → what
It's individuals' asset," he says.
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he → say → ?
"If you lose your house, as an accountant, you're going to be vastly worse off than the benefit you'll get from that margin of investment over the longer-term.
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you → lose → term
I just can't see why the government's got a problem with this.
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government → see → this
Key Event
One Nation wants to 'end super as we know it':
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we → want → it
Chalmers
Jim Chalmers has accused One Nation of wanting to "end superannuation as we know it" by allowing renters or mortgage holder to access some of their super early.
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renters → accuse → super
The minor party has proposed giving people a choice to divert 3 per cent of their 12 per cent compulsory superannuation contribution to boost their income.
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party → propose → income
The opt-in scheme could apply for up to three years.
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scheme → opt → years
The treasurer is no fan of this idea and made his way down to the House of Representatives doors (where reporters are stationed to lob questions at arriving MPs) to make his feelings known.
"
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feelings → make → MPs
It's now beyond doubt that any Coalition government with One Nation in it will cut your super.
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government → cut → super
This means less money and less economic security for millions of Australian workers," he says.
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he → mean → workers
"Every time One Nation is asked to support the financial interests of Australian workers, they oppose the financial interests of Australian workers.
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they → ask → workers
By ending super as we know it, by making Australian workers poorer as a consequence … this is exactly why One Nation poses an unacceptable and dangerous risk to Australian workers."
We'll need to wait and see how an opt-out algorithm would work
Communications Minister Anika Wells isn't giving much away when it comes to the design of a proposed plan to allow Australians to opt out of social media algorithms.
The plan is part of the government's digital duty of care legislation which is expected to be introduced to parliament later this week.
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which → end → parliament
Wells says it's about giving Australians "more choice" about what they see on their social media feeds.
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they → say → feeds
But how would it work?
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it → work → ?
She wouldn't say.
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"That's something we'll work through with our experts … but the policy intent is clear.
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intent → work → experts
Australians want more choice.
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Australians → want → choice
We want to give that to them and we want to hold big tech to account," she says.
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she → want → account
Coalition's criticism of opt-out algorithm akin to 'protesting seatbelts': Butler
Labor frontbencher Mark Butler is rejecting claims the introduction of an opt-out algorithm amounts to censorship.
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introduction → opt → censorship
The government's digital duty of care legislation will be introduced to parliament later this week and is expected to create an opt-out system so users can turn off algorithms on social media.
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users → introduce → media
But the Coalition is concerned the laws would hand the minister too much power to determine what constitutes online harm.
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what → concern → harm
Speaking with ABC Radio National Breakfast, Butler said the change is pretty "unremarkable" as he dismissed the opposition's claim.
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he → speak → claim
"It's pretty unremarkable really to expect that big companies have a duty of care not to harm Australian citizens, particularly frankly young Australians," he says.
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he → expect → citizens
"You know, the idea is that this is some censorship or infringement of civil liberties almost harks back to the days of the 1970s when people were protesting about seatbelts being introduced to cars."
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seatbelts → know → cars
'Nothing more than a headline': Coalition rubbishes One Nation's super plan
Deputy Liberal leader Jane Hume has dismissed One Nation's super proposal as nothing more than a "headline".
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The minor party wants to grant workers with a mortgage or paying rent access to a portion of their superannuation contributions as a pay boost.
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party → want → boost
She said One Nation had a lot of questions to answer on how this policy would interact with a person's super balance or their concessional caps.
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policy → say → balance
It hasn't really been explained," she tells News Breakfast.
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she → explain → Breakfast
"One Nation does have a bit of a habit of putting out a headline and putting out no details and they don't think this is a serious thing."
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this → have → details
Coalition concerned plan for opt-out algorithm would hand minister too much power
Deputy Liberal leader Jane Hume is concerned a proposal for social media users to turn off their algorithm could result in government overreach.
The digital duty of care legislation, expected to be introduced to parliament this week, will create an opt-out system so users can turn off algorithms on social media.
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users → concern → media
Hume tells ABC News Breakfast she's concerned the draft laws hand the minister too much power.
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laws → tell → power
"We don't feel that the minister should have the powers to determine what is and is not online harm ... particularly without any parliamentary scrutiny.
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what → feel → scrutiny
That would be of considerable concern," she says.
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she → say → concern
…and 31 more, not listed.
The Aporia
