Slash super to pay for Universal Basic Income – Gareth Morgan

Slash super to pay for Universal Basic Income - Gareth Morgan

Opportunities Party leader Gareth Morgan says he doesn’t support raising the age of superannuation, but he does want means-testing to restrict higher-income earners who don’t need it.

He also told The Nation under his policy everyone would get a Universal Basic Income (UBI) of $10,000 a year, paid for by slashing current super entitlements.

"I’ve got to get the money for it from somewhere," he says. "And at the moment, the only universal benefit that I can see out there is super… so the first thing to do with super is to means-test it."He says superannuation could then work as a […]

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