LISC breifing

8/12/2019 LISC breifing

1/13

Click to edit Master title style

Click to edit Master subtitle style

Impact of abolishing the LISCon rural and regional Australia

David Whiteley, Matthew Linden and Robbie Campo

CONFIDENTIAL BRIEFING13/11/2013


2/13

The LISC rebates up to $500 into the super accountsof working Australians earning less than $37,000whose marginal rate of tax is 15% or less. It benefits3.6 million Australians and over two million women.


3/13

1 in 3 Australian workers worse off

Scrapping the Low Income Super Contribution

will leave


4/13

24 of the 25 worst affected electorates areregional/rural

In regional areas almost 40% of employees areaffected, compared to just over 30% in metro areas

Regional and rural areas will lose almost $0.5bnannually in low income super contributions

The abolition of the LISC will disproportionately

affect regional and rural Australians


5/13

On average in Nationals held electorates 44% ofemployees are affected compared to 34% in Liberaland Labor held electorates

In the worst affected electorates almost one in two

employees are affected compared to less than one infive employees in the least affected metropolitanelectorates

4 of the 5 worst affected electorates in Australia

are represented by the Nationals


6/13

Removal of theLISC will have aheavy impact onwomen,especially inregional areas.

45% of femaleemployees will beaffected nationally, andin Nationals held

electorates that figurerises to 54.2%


7/13

Persons impacted 1,096,277

Percentage of total

employees affected

34.4%

Percentage of totalfemale employeesaffected

43.4%

Estimated total value ofLISC lost annually

$297m

New South WalesElectorate Party Area Number, persons

% of totalemployees

% of femaleemployees

Est. annual cost$m

Cowper NAT Regional 22,968 48 56.3 6Page NAT Regional 23,948 48 56.1 7Richmond ALP Regional 22,934 47 55.8 6Lyne NAT Regional 20,929 46 54.7 6New England NAT Regional 26,009 44 53.5 7Gilmore LIB Regional 21,570 42 55.1 6Farrer LIB Regional 24,096 42 53.9 7Fowler ALP Metro 23,984 42 51.6 7Riverina NAT Regional 26,877 42 53.0 7Watson ALP Metro 26,044 41 46.4 7

Parkes NAT Regional 24,657 41 50.9 7Paterson LIB Regional 20,859 41 55.0 6

Dobell LIB Outer Urban 24,228 40 52.5 7Blaxland ALP Metro 22,949 40 47.4 6

Throsby ALP Outer Urban 22,778 40 55.1 6

Shortland ALP Outer Urban 22,356 39 52.2 6Hume LIB Regional 23,122 39 49.3 6Calare NAT Regional 24,697 38 50.4 7Robertson LIB Outer Urban 22,360 38 49.3 6

Charlton ALP Outer Urban 23,702 38 51.5 6Eden-Monaro LIB Regional 22,446 37 45.5 6McMahon ALP Metro 23,963 37 46.4 7Hunter ALP Regional 24,304 37 56.2 7Chifley ALP Metro 27,559 36 45.2 8

Newcastle ALP Outer Urban 23,860 35 46.1 6

Cunningham ALP Outer Urban 24,389 35 46.9 6

Macquarie LIB Outer Urban 23,092 35 45.5 6Werriwa ALP Metro 24,056 35 44.4 7Banks LIB Metro 23,832 34 41.2 7

Macarthur LIB Outer Urban 23,972 34 45.1 7Lindsay LIB Metro 25,859 33 44.4 7Barton LIB Metro 22,451 33 38.9 6Parramatta ALP Metro 25,633 33 39.2 7Mackellar LIB Metro 20,851 32 40.4 5Hughes LIB Metro 23,649 31 42.0 6

Berowra LIB Outer Urban 20,669 31 40.5 5Reid LIB Metro 24,297 31 34.7 7Greenway ALP Metro 24,542 30 39.0 7Cook LIB Metro 21,322 30 39.0 6Bennelong LIB Metro 21,553 29 35.5 6Mitchell LIB Metro 20,546 29 38.0 5Kingsford Smith ALP Metro 22,242 28 32.9 6Bradfield LIB Metro 17,703 27 35.5 4Grayndler ALP Metro 21,847 26 29.2 6Sydney ALP Metro 23,190 23 26.8 6Warringah LIB Metro 16,865 22 28.6 4North Sydney LIB Metro 15,536 20 24.4 4Wentworth LIB Metro 14,981 19 22.8 4

www.industrysuperaustralia.com.au CONFIDENTIAL BRIEFING


8/13

Victoria


Persons impacted 935,784

Percentage of totalemployees affected

36.4%


46.1%


$249m

Electorate Party AreaNumber,persons

% of totalemployees

% of totalFemale

employeesEst. Annual,

million $AMallee NAT Regional 23,944 47 57.1 7Wannon LIB Regional 24,710 46 57.9 7Murray LIB Regional 23,734 45 56.1 7Bendigo ALP Regional 27,557 44 54.3 7Indi IND Regional 24,816 43 55.0 7Gippsland NAT Regional 24,885 43 57.3 7

Flinders LIB Outer Urban 24,408 42 55.3 7Mcmillan LIB Regional 24,883 42 56.2 7

Ballarat ALP Outer Urban 27,453 42 53.0 7

Corio ALP Outer Urban 25,316 41 54.1 7Scullin ALP Metro 25,405 40 51.3 7

Corangamite LIB Outer Urban 25,988 40 52.5 7Bruce ALP Metro 24,064 39 47.6 7

Calwell ALP Outer Urban 29,200 39 50.3 8

Casey LIB Outer Urban 26,627 39 51.3 7

Holt ALP Metro 36,392 38 50.6 10Dunkley LIB Metro 24,695 38 49.5 7Hotham ALP Metro 24,035 37 44.7 6Gorton ALP Metro 33,414 37 47.8 9Mcewen ALP Regional 32,602 37 50.2 9

Maribyrnong ALP Metro 21,936 36 43.6 6Aston LIB Metro 25,717 36 48.3 7

La Trobe LIB Outer Urban 26,998 36 48.4 7Chisholm ALP Metro 23,673 36 42.4 6Isaacs ALP Metro 27,715 36 45.7 8Menzies LIB Metro 19,706 35 44.4 5Batman ALP Metro 23,236 34 40.6 6

Lalor ALP Outer Urban 37,958 34 46.0 11Wills ALP Metro 25,653 34 39.6 7Deakin LIB Metro 21,771 34 42.7 6Jagajaga ALP Metro 22,087 33 42.1 6Gellibrand ALP Metro 24,025 32 38.5 7Goldstein LIB Metro 18,806 31 38.8 5Kooyong LIB Metro 18,543 30 35.1 4Melbourne GRN Metro 26,857 26 30.2 7Higgins LIB Metro 18,062 26 30.8 5

Melbourne Ports ALP Metro 18,913 22 25.6 5


9/13

Queensland




35.7%


46.6%


$203m


% of totalemployees

% of totalFemale


million $A

Wide Bay LNP Outer Urban 22,464 46 57.0 6

Hinkler LNP Outer Urban 21,308 44 54.7 6

Fisher LNP Outer Urban 21,808 42 53.8 7

Maranoa LNP Regional 25,488 42 55.7 6

Fairfax PUP Outer Urban 23,629 42 53.0 7

Moncrieff LNP Outer Urban 27,582 42 50.2 7

Mcpherson LNP Outer Urban 25,989 41 50.9 7

Wright LNP Outer Urban 23,931 40 53.5 7

Longman LNP Outer Urban 24,616 39 52.4 6

Groom LNP Outer Urban 25,753 39 50.5 6

Fadden LNP Outer Urban 25,476 38 49.5 6Leichhardt LNP Regional 29,605 38 46.0 7

Kennedy KAP Regional 25,206 38 51.8 6

Forde LNP Outer Urban 25,767 37 48.8 7

Rankin ALP Metro 29,979 36 46.3 7

Bowman LNP Metro 24,788 36 47.7 6

Blair ALP Outer Urban 22,651 35 48.2 7

Petrie LNP Metro 23,630 35 45.2 8

Moreton ALP Metro 25,445 34 41.5 7

Dawson LNP Regional 26,640 34 50.5 7

Herbert LNP Regional 26,881 33 44.8 7

Dickson LNP Outer Urban 24,792 33 44.1 7

Oxley ALP Metro 23,604 33 43.7 8

Flynn LNP Regional 23,281 32 52.3 7

Capricornia LNP Regional 24,099 32 48.6 7

Bonner LNP Metro 23,389 31 40.5 7

Ryan LNP Metro 25,141 31 39.4 9

Lilley ALP Metro 24,835 31 38.4 6

Griffith ALP Metro 23,492 28 33.1 6

Brisbane LNP Metro 23,015 26 31.3 6


10/13

South Australia



Percentage of totalemployees affected 38.5%


49%


$79m


% of totalemployees

% of totalFemale


million $A

Barker LIB Regional 29,192 46 58.5 7

Wakefield ALP Outer Urban 28,356 41 55.0 8

Kingston ALP Metro 30,386 40 52.8 6

Grey LIB Regional 24,192 40 55.1 6

Mayo LIB Outer Urban 25,500 40 51.1 7

Port Adelaide ALP Metro 29,815 39 48.5 8

Makin ALP Metro 26,220 38 49.7 7

Sturt LIB Metro 24,146 36 44.5 7

Hindmarsh LIB Metro 25,285 36 44.7 8

Boothby LIB Metro 23,444 35 43.3 6

Adelaide ALP Metro 25,263 34 39.6 8


11/13

Western Australia




31.4%


44.3%


$93m


% of totalemployees

% of totalFemale

employees

Est.Annual,

million $A

Forrest LIB Regional 23,964 37 55.2 6

O'Connor LIB Regional 23,213 35 51.5 6

Canning LIB OuterUrban 23,272 34 50.8 7

Cowan LIB Metro 25,598 34 47.3 4

Hasluck LIB Metro 25,400 33 46.7 6

Pearce LIB Regional 23,656 33 47.4 6

Moore LIB Metro 25,961 33 45.8 6

Brand ALP OuterUrban 24,318 32 49.3 7

Tangney LIB Metro 23,792 32 42.9 6

Swan LIB Metro 26,078 31 39.3 6

Stirling LIB Metro 21,813 30 39.3 6

Fremantle ALP Metro 23,197 30 42.2 6

Perth ALP Metro 23,566 29 37.9 6

Curtin LIB Metro 19,015 28 34.9 7

Durack LIB Regional 20,770 23 37.6 6


12/13

Tasmania




41.3%


52%


$25m


% of totalemployees

% of totalFemale


million $A

Lyons LIB Regional 18,232 46 58.6 5

Braddon LIB Regional 18,535 43 57.9 5

Bass LIB Regional 19,925 43 53.9 5

Franklin ALP Regional 17,412 38 47.7 5

Denison IND Metro 18,323 37 44.1 5


13/13

Northern Territory and ACT




24.5%


29.6%

Estimated total value ofLISC lost annually $21m

Electorate Party Area Number, persons% of total

employees

% of totalFemale


million $A

Lingiari, NT ALP Regional 15,929 33 38.4 4

Solomon, NT CLP Metro 12,833 22 28.1 4

Canberra, ACT ALP Metro 23,356 23 27.5 6

Fraser, ACT ALP Metro 27,833 24 28.7 7

NT

Documents

LISC breifing