Opinion: Labor’s tweak to superannuation affects only the wealthiest Australians. To argue against it is misguided

Comments

• thatKamGuy@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

  So it impacts individuals with >$3m in Superannuation - a whopping 80K people total?

  …and the media are covering it as if the Sky was falling? Yeah, sounds about right. Typical right-wing populist spiel, they are all for talking about improving things for the masses - but will rail against any baby steps made in the right direction.

  source
• DavidDoesLemmy@aussie.zone ⁨1⁩ ⁨week⁩ ago

  They should index it to inflation. Otherwise it is an underhanded way to start taxing most people in the future.

  source

  • Tau@aussie.zone ⁨1⁩ ⁨week⁩ ago

    Agreed. Not indexing it seems a pretty deliberate move towards the same strategy as our tax brackets - capture more money each year due to inflation and occasionally make your government look good by raising the cutoff (by less than inflation).

    source
  • DavidDoesLemmy@aussie.zone ⁨1⁩ ⁨week⁩ ago

    It also smells a bit that politicians are exempt.

    source