Prime Minister Malcolm Turnbull has accused Opposition Leader Bill Shorten of launching a superannuation scare campaign.
Mr Shorten asked his counterpart in parliamentary question time on Wednesday, why his government was cutting part pensions instead of reducing superannuation concessions for high income earners.
“The leader of the opposition seems to have given up on his scare campaign on penalty rates,” Mr Turnbull responded with.
“(He) now seems to want to launch a new assault on superannuation.”
Mr Turnbull told parliament the government would consider Labor proposals on superannuation, reversing the stance of his predecessor Tony Abbott.
And Treasurer Scott Morrison – answering a question from his opposite number Chris Bowen – backed up those claims.
“What the Australian people can be confident about is the coalition’s record when it comes to superannuation – we know that it’s their money,” he said.