Wealthiest Superannuation Balances to Face Higher Tax Rates After Greens Agree to Labor's Plan

The Greens have agreed to support Labor's proposal to increase tax rates on the largest superannuation balances, paving the way for broader retirement savings reform.

In a significant move, the Greens have pledged their support for Labor's plan to raise tax rates on the largest superannuation balances, ending a three-year political standoff over concessions for wealthier retirees. The Greens treasury spokesperson, Nick McKim, has described this decision as a

Super-Wealthy Face Heftier Tax Rates as Greens Back Labor's Plan

Comments (0)

Related Articles

Trump's Toughest Diplomatic Challenge: JD Vance's Iran Mission

Challenger Rises to Unseat Hungary's Strongman Orbán

Student Cleared After Accusing University of Gaza Genocide Complicity

Related Articles

Politics
Trump's Toughest Diplomatic Challenge: JD Vance's Iran Mission
VP JD Vance navigates Iran peace talks, balancing warring factions, his demanding boss Trump, and his own political aspirations amidst high-stakes negotiations.
about 2 hours ago00

Politics
Challenger Rises to Unseat Hungary's Strongman Orbán
With just days until Hungary's elections, the opposition movement led by Péter Magyar is gaining momentum and could deliver a stunning upset victory over long-ruling PM Viktor Orbán.
about 3 hours ago00

Politics
Student Cleared After Accusing University of Gaza Genocide Complicity
RMIT University drops misconduct case against student who criticized the school's ties to weapons companies over Gaza conflict. Exclusive details on the case resolution.
about 3 hours ago00