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Reposted by Coral

Polipedia.com.au @polipedia.bsky.social · 22/01/2025

Thanks @grogsgamut.bsky.social Fantastic explainer - and clear graphs - about proposed taxes on earnings from super balances above $3 million. Some media already spinning it as a tax on your Granny.* #Auspol *Ok, would be true if your granny is Gina Rhinehart. www.theguardian.com/business/gro...

theguardian.com

Misleading fear campaigns may kill Labor’s superannuation changes. But here are the real numbers | Greg Jericho

Increasing the tax rate on superannuation balances above $3m would affect less than 1% of the population – and yet it is still unlikely to pass

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