Authors of two major superannuation reviews suggest proposal to trim tax breaks on $3m super balances might not be perfect but is ‘the right way to go’
Get our breaking news email, free app or daily news podcast
The “hysterical” criticism of Labor’s plan to trim tax breaks for people with $3m in retirement savings risks undermining needed reforms to make the superannuation system more equitable and sustainable, leading experts say.
The authors of two previous government reviews into super suggest the federal government’s proposal might not be perfect but it is “the right way to go”.
More Stories
Albanese considers snap visit to Europe next week in hope of securing meeting with Trump
Female baboons with strong relationship to fathers found to live longer
Bali flights cancelled after Indonesian volcano spews 10km-high ash tower