Business News

Tax-free super for the super rich is a bad deal for the rest of us – and Morrison said it first

Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

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You’d be forgiven for thinking Treasurer Jim Chalmers had done something dramatic.

From 2025 he will double the tax rate on earnings from superannuation balances above A$3 million, lifting it from 15% to 30%.

Only 80,000 Australians have accounts that large, and many of them who have retired have shoved the maximum permissible...

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Tax-free super for the super rich is a bad deal for the rest of us – and Morrison said it first

THE MTick HAS ARRIVED IN AUSTRALIA

7 in 10 employers excluding candidates despite persistent tight labour market

How does your super balance compare to other people your age?

If you still need to fly amid global travel chaos, here’s what to know

How much do you really need to retire? It’s probably a lot less than $1 million

Is the capital gains tax discount an act of intergenerational ‘bastardry’?

Traditions of Rural Bali at Villa Sabana

Essential Reasons to Opt for a Professional Valuation Before Selling Your Commercial Property

Marketing: The strategies you have to adopt

an employer who cares about the environment, society and you

Enhancing competitiveness in pharmacies through digital transformation

Why Middle Australia Is Quietly Driving the Shift Away From Car Ownership

Launchd Acquires WeAreTENZING as ANZ Creator Economy Spend Nears $1 Billion

Time to punch above our weight and stop shadowboxing on AI

Colter Bay Capital Launches as Australia’s Newest Institutional Private Credit Fund

Global Thryv voices bring a sharper lens to International Women’s Day

AI curiosity fuels new wave of employee-led innovation in Australia

How Contiki is Redefining Travel for Young Adventurers

Navigating the Cosmetic Advertising Crackdown Before September Guidelines Hit

Defining Actionable AI for Australian IT Efficiency and Security