Why Chalmers caved on his super tax for the rich
Why did the government cave to pressure over its superannuation tax changes for the richest Australians? The Treasurer Jim Chalmers has revealed two major changes in response to critics, introducing indexing on the $3 million threshold and dropping a plan to tax unrealised gains. He says the government’s new plan achieves the same objective in making the system more equitable, but how will it work? Today, political correspondent Melissa Clarke on what the backdown means for the future of tax reform under Labor. Featured: Melissa Clarke, ABC political correspondent
ABC News Daily · Australian Broadcasting Corporation
Audio is streamed directly from the publisher (mediacore-live-production.akamaized.net) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Why did the government cave to pressure over its superannuation tax changes for the richest Australians?
The Treasurer Jim Chalmers has revealed two major changes in response to critics, introducing indexing on the $3 million threshold and dropping a plan to tax unrealised gains.
He says the government’s new plan achieves the same objective in making the system more equitable, but how will it work?
Today, political correspondent Melissa Clarke on what the backdown means for the future of tax reform under Labor.
Featured:
Melissa Clarke, ABC political correspondent