Labor will continue to support self-funded retirees. Last year self-funded retirees benefited from tax cuts averaging more than $550 for 190,000 seniors and also made sure that self-funded retirees who hold a Commonwealth Seniors Health Card receive the same household assistance as pensioners to help cover any price impacts from the carbon price. It was Labor that introduced universal superannuation 20 years ago, and now Labor is building on that work with our commitment to further increases and greater protections by gradually lifting superannuation from 9 per cent to 12 per cent in 2019
a broad/general statement on economic goals without specifics