Business News

The budget super giveaway that allows the already wealthy to amass even more tax-free

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

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One of the strangest, certainly one of the hardest to justify, measures in last week’s budget was called “supporting retirees”.

A better title would have been “supercharging the wealth of those retirees who already have more than enough to live on”.

It flies in the face of the findings of the...

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