Greens propose scaled super contribs taxBY ALEX DUNNIN | WEDNESDAY, 12 SEP 2012 12:30PMThe Australian Greens have proposed that rather than tax superannuation at a flat rate of 15%, it should be taxed on a sliding discounted scale based on a fund members' marginal tax rates. |
Editor's Choice
Australian Unity lashed by ASIC over TMD questionnaire
Australian Unity Funds Management has been told to stop offering its Select Income Fund, with ASIC saying retail clients are unlikely to understand the questionnaire used to determine whether they would be in the target market.
More businesses fold, unpaid super recovery measure to launch
As the number of business insolvencies spike, workers will soon be able to claim unpaid superannuation owed to them by defunct employers.
NZ Super awards mandate to Northern Trust
NZ Super has awarded a mandate to Northern Trust to use its Data Warehouse Solutions offering.
Sequoia chief learns his fate at EGM
Sequoia chief executive Garry Crole has managed to hold onto his position after shareholders voted to keep him in the top spot at an extraordinary general meeting.
Further Reading
Sponsored by | Know the facts about lifetime annuitiesSaving for a happy retirement is Australia's #1 financial goal. Learn how LifeIncome can deliver more income, certainty, & choice. |
Products
Featured Profile
Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
As if the super system isn't complex enough....
Leave it to the Greens and we'll all be in a bigger mess than we are today.
Let's allow some experienced business people to make decisions from now on.
If it's all about helping those on low-incomes why did I invest so much time and money (that I didn't have at the time) on my education to drag myself out of a low-income future...maybe I shouldn't have bothered...just wait for the handouts....Labor and Greens to the rescue...gotta love a class war when we have compulsory voting don't you.