Rumours are swirling that the government may reconsider its superannuation tax changes that will hit those with balances above $3 million with new taxes, including taxing unrealised capital gains.

Create a free account to read this article

Login or signup to continue reading

Continue with Email

Continue with Google

Continue with Apple

Abandoning this policy change would be the right call: the supporting rationale for it is weak and largely incoherent.

Yet these changes, and other tax rumours doing the rounds - including perennial favourites like the need to reform the capital gains tax discount or "close loopholes" - indicate the government does not appreciate scale of the economic and other challenges facing Australia.

The country faces genuine, serious economic policy probl

See Full Page