Coalition MPs won't vote to increase super contributions to 12 per cent when legislation goes to parliament, Opposition Leader Tony Abbott says.
The opposition has previously opposed increasing the compulsory super guarantee from nine to 12 per cent by 2020.
But almost two weeks after changing his political position, Mr Abbott said coalition MPs would still abstain from voting in favour of Labor's policy, which is partly funded by the mining tax.
"We aren't going to support it in the parliament. But if it goes through we will not rescind it," he told the Financial Services Council (FSC) breakfast in Sydney today.
"Once these things are there, we don't add to them but we don't roll them back. That's the approach that we will take to the current legislation."
Mr Abbott also flagged a deregulation of default superannuation.
Under Labor's awards system which began in January 2010, employers can only choose industry funds for workers with default super.
But the opposition leader told the FSC, which represents retail super funds, he would change that.
"What people want to see more of ... if we are in government, is transparency, small business and deregulation," he said.
