Bill Shorten offers super compromise to Malcolm Turnbull that would save $238 million

By James Massola
Updated August 25 2016 - 3:38am, first published August 24 2016 - 8:24pm
Prime Minister Malcolm Turnbull and Opposition Leader Bill Shorten. Photo: Alex Ellinghausen
Prime Minister Malcolm Turnbull and Opposition Leader Bill Shorten. Photo: Alex Ellinghausen

 Bill Shorten has proposed a compromise on superannuation reform that would deliver a net improvement of $238 million over four years - and $4.4 billion over 10 - to the budget bottom line and deal with concerns that a proposed $500,000 lifetime cap is retrospective.