The government’s super retreat fixes some design flaws, but creates a new distortion
- Written by Natalie Peng, Lecturer in Accounting, The University of Queensland
After months of vociferous pushback from the superannuation industry and wealthy investors, Treasurer Jim Chalmers has softened his proposed super tax reforms. The move is a pragmatic political compromise – but it also raises questions about policy consistency and long-term fairness.
The revised plan has three key elements:
- a boost to the...