Labor's superannuation changes: Super cap freeze will trap younger workers
Younger workers will be relatively worse off at retirement due to the government’s refusal to index its proposed $3 million superannuation cap.
Source: afr.com
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Former Greens advisers Ben Oquist Richard Denniss's Australia Institute behind superannuation reform
Former Greens adviser Ben Oquist, who is married to senator Sarah Hanson-Young, has long been a campaigner against superannuation tax sweeteners.
Source: dailymail.co.uk
Labor superannuation changes: Jim Chalmers targets super but capital gains tax tops concessions
Tax breaks on superannuation earnings and contributions will amount to $48.2 billion this financial year, but this is dwarfed by the various CGT exemptions.
Source: afr.com
Super balances over $3m to be taxed at 30%
The federal government is moving ahead with changes to superannuation taxation. The Treasurer has confirmed Labor will double tax rates paid by those with over $3 million in their super despite stati
Source: investordaily.com.au
Albanese Government to double tax on $3m super funds after promising no changes to retirement scheme before election
After a week of backlash from all sides of politics, the Albanese Government has revealed its proposed superannuation reform despite pledging before the election the scheme would remain unchanged.
Source: skynews.com.au