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MYEFO writes down billions in super fund taxes

The federal government has all but conceded superannuation funds will not have the greatest 2016 after significant tax write downs in the Mid-Year Economic and Fiscal Outlook (MYEFO) were released yesterday.

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Read more: MYEFOFiscal OutlookMid-Year EconomicFederal Treasurer Scott MorrisonDavid BlakeBDOFinance Minister Mathias CormannGDP