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Superannuation

ASFA pushes for tax redistribution to benefit low-income workers

The Association of Superannuation Funds of Australia (ASFA) is proposing to increase support for low-income earners by redistributing the revenue generated from the government's planned additional taxation on superannuation balances above $3 million (Division 296) and for those earning $250,000 plus (Division 293).

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Read more: ASFAAssociation of Superannuation Funds of AustraliaLISTOMary DelahuntyStephen JonesFinancial StandardLow-Income Superannuation Tax Offset