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Democrats welcome PM's proposed change to politicians' superannuation.

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Senator Andrew Bartlett Leader of the Australian Democrats

12th February 2004 MEDIA RELEASE 04/072

Democrats welcome PM’s proposed change to politicians’ superannuation

The Australian Democrats have welcomed the Prime Minister’s announcement that he will bring politicians’ superannuation in line with community standards for the next generation of MPs.

“The Democrats offered Mark Latham the chance to move his proposed changes through the Senate before the next election and we offer the same support to the Prime Minister,” said Democrats’ Leader, Senator Andrew Bartlett.

“We believe fixing the current grossly unfair superannuation entitlements for federal politicians is a priority.

“The Democrats have long called for politicians’ payouts to be reined in.

“Every time the Democrats have moved amendments to change politicians’ superannuation they have been defeated by the major parties.

“As we stated earlier this week, if Labor and the Coalition had implemented such reforms prior to the 1998 election when the Democrats’ initiated Senate Committee Inquiry first drew attention to the problems of the scheme, there would have been a saving of upwards of $75 million in likely unfunded future liabilities.

“The Democrats will pass this initiative in the Senate, subject to seeing the detail of the legislation.

“MPs’ super has been of public concern for a very long time and is probably the area which causes most public cynicism about politics.

“The Democrats restated as recently as Monday that any changes should apply to all new MPs from the next election,” concluded Senator Bartlett.

For an interview with Senator Bartlett please contact Daele Healy on 0419 867 649