<1>Summit backs Greens’ Retirement Review Push

Greens Treasury spokesperson Adam Bandt MP today welcomed the National Reform Summit’s action plan backing the Greens’ push for a review into the retirement system, as well as other key Greens policies, but warned that the it completely underestimated the impacts of climate change on our future prosperity.

“The action plan agreed by the business, union and community leaders at yesterday’s summit endorses the Greens’ push for a broad review into our retirement income system,” Mr Bandt said.

“It supports the Greens’ campaign to address unaffordable tax concessions that see billions of dollars of potential revenue lost each year.”

“The leaders at the summit have also joined the Greens in calling for increasing Newstart and greater government support for research and development in this country.”

“However it is concerning how little attention their action plan gives to climate change. The plan completely underestimates the impacts that climate change will have on our future potential growth and wellbeing.

“The lack of any suggestions on how we should collectively tackle climate change is a massive oversight.”

“The only way this action plan can be implemented is if the government reconsiders its position on phasing out unfair tax breaks, including negative gearing, Capital Gains Tax and super concessions.”

Media contact: Adam Pulford, 0429 109 054