Willcox Grills The Labor Government’s Unfair Tax On Farmers

In Question Time last week, Dawson MP Andrew Willcox grilled the Albanese Labor Government for “grossly misunderstanding their own policy”, which targets farmers specifically.

Andrew Willcox MP asked the Assistant Treasurer whether the Superannuation changes would be just “another unfair new tax on family farms and family businesses”. In a video posted by the Federal Member, the Assistant Minister was unable to answer the question directly.

“Unfortunately, this is what we are seeing under this new Government […] weaselling out of questions so they don’t have to front up to ordinary Australians.”

Andrew Willcox is hitting back at suggestions that only “fat cats” would be affected by the Albanese government’s decision to double the tax rate from 15 to 30 per cent for earnings in $3 million-plus super funds, and has warned that “the small end of town” would suffer because of good faith decisions to put their farms and businesses premises in their super funds.

“When they’ve got policies as bad as this one, policies which hurt our hard-working men and women, they run and hide in the shadows.”

Dawson MP Andrew Willcox made it clear last week that he will keep shining a light on this “poor policy-making”.

“I’m just appalled at the city-centric approach taken by this Labor Government. Time and time again we are seeing that the Albanese Government do not consider Rural and Regional Australians when making their policy decisions.”

Peak farming bodies have uttered similar concerns to the Federal Member for Dawson, such as the National Farmers Federation, who explained how “[The] announcement throws up significant uncertainty for family farms – with scant detail on things like grandfathering, treatment of revaluations, or how this might impact lending in a climate of rising costs and interest rates.”1

Andrew Willcox MP has stated that “I will keep listening to our hard working rural and regional men and women that keep this country moving. Labor need to be held accountable for hurting those who feed our country […] that’s exactly what I intend to do.”