‘Hysterical’ criticism of Labor’s super tax plan could thwart needed reform, experts say

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 podcastThe “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”. Continue reading...

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