How your super is fuelling Jim Chalmers’ budget brag
The target cash rate is up to a 15-year high and unemployment is up too - but the Treasurer says the budget’s looking better than even he expected. Why? Record tax revenue - and a big chunk of it is from all of our superannuation accounts. Economics correspondent Matthew Cranston is here.
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Deficit $6bn lower ahead of expected rate hike, Treasurer Jim Chalmers says
Jim Chalmers’ deficit reduction helped by increased superannuation tax take
Commentary by Matthew Cranston: Jim…
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