Politics Now Did Albo hand Chalmers an 'excrement sandwich'?
Oct 13, 2025
Treasurer Jim Chalmers surprises everyone with a backdown on the controversial super tax changes, raising questions about Prime Minister Albanese's absence. As tensions rise over the Middle East ceasefire, the hosts explore Australia's political response and the delicate balancing act around Palestinian recognition. Additionally, they dive into the upcoming ban on social media for those under 16, discussing its challenges and implications for privacy. Will this be a step toward a more controlled digital landscape?
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Surprising Superannuation Backdown
- Jim Chalmers announced a significant rework of Labor's superannuation tax plan, surprising many in Canberra.
- The new scheme keeps 15% up to $3m, 30% up to $10m, and 40% above $10m with indexation, reducing expected revenue.
Redistribution And Political Calculus
- The package also increased the low income superannuation tax offset from $500 to $810 to help lower earners.
- The changes reduce projected revenue and may be aimed at securing Senate support, including from the Greens.
Timing And The Excrement Sandwich
- Announcing the change while the Prime Minister was on leave left Jim Chalmers to face tough scrutiny alone.
- Hosts described the situation as Chalmers being handed an "excrement sandwich" to manage politically.