Business News

No longer a temporary COVID measure, the government's super changes will most help wealthy tax dodgers

Written by Kevin Davis, Emeritus Professor of Finance, The University of Melbourne

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On May 29, the government announced by way of media release the extension of an emergency COVID measure.

The temporary halving of minimum drawdown rates for retirement superannuation accounts — introduced in March 2020 while the Australian stock market was in freefall — would continue for another year.

The explanation...

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