Why the super tax got a rethink
Australia’s superannuation system is a bit unusual in the world as far as how we go about ensuring our population has a long-term savings plan for retirement. Changes to that system were proposed by the Albanese Government, but they were attracting a lot of negative attention, so on Monday, Treasurer Jim Chalmers announced a new approach. In this Squiz Shortcut, we’ll get you across the revisions, and what it might mean for your retirement nest egg.
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Reading: This analysis piece in The Guardian sums up why this week’s rethink of the super tax policy has called into question…
The skinny
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