What You Need to Know About Labor’s New Super Tax

What you need to know about Labor’s new super tax

Treasurer Jim Chalmers is introducing the Labor government’s new tax on superannuation funds. From July 1, people with super funds of more than $3 million will face an additional 15 per cent tax on any investment returns they earn on the amount above this threshold.

The surprise group set to benefit from Labor’s $3m super tax

Wealthy Australians are already searching for strategies to avoid paying more tax on their super, which could lead to a financial windfall for some.

Australian Super Tax Reform Faces Pushback Despite Election Win

The government's plan to increase tax on high superannuation balances is meeting with resistance. To continue reading... Sign in Password * Remember me Lost your password? Subscribe Subscribe to Regulation Asia to gain access to APAC’s leading platform for news, analysis, research and verified data on financial regulation. Select More Information below to view our subscription packages…

Don't be fooled, only the very richest will ever have more than $3m in super - The Australia Institute

The debate over the superannuation changes are dominated by lies and exaggerations, so let's set the record straight.