George Christensen on super: it's not the govt's money
QUEENSLAND National MP George Christensen will cross the floor if Malcolm Turnbull does not water down planned changes to superannuation.
Claiming backbenchers in the new Parliament will be "quite powerful", Mr Christensen flexed his muscles on social media yesterday vowing "I hate it when government fiddles with super."
"It's not the government's money," the member for Dawson wrote on his Facebook page.
"We in government need to remember that.
"If the government superannuation policy does not change, I will be crossing the floor and voting against the measures."
Mr Christensen is particularly angry at plans to impose a $500,000 non-concessional lifetime cap on super.
He is also unimpressed by the move to roll out a $1.6 million pension fund transfer balance cap.
Mr Turnbull used the super changes as part of his election campaign but both he and Treasurer Scott Morrison have not yet ruled out altering the plan.
However, experts say if the scheme is changed it could lead to a $500m hole in the budget.
Mr Morrison said savings would need to be made elsewhere if the super plan was altered.
"If something comes off the table then something else has to come on the table," Mr Morrison told the ABC.
- ARM NEWSDESK