Original article by Joanna Mather
The Australian Financial Review – Page: 5 : 25-Oct-19
Former ACTU secretary Bill Kelty referred to Wayne Swan as a "miserable bastard" at the launch of the Crescent Think Tank on 24 October. Kelty’s description of the former Labor treasurer was on account of him only increasing the superannuation guarantee by 0.5 per cent during Labor’s six years in office. Kelty and former Labor prime minister Paul Keating are pushing for the SG to be increased to 12 per cent, although some Liberal MPs and the Grattan Institute have called for it to be paused at 9.5 per cent. Kelty says suggestions that deferring SG increases will cause employers to increase wages are "laughable".
CORPORATES
ACTU, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, GRATTAN INSTITUTE