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Financial Planning

Slash proposed tax rate for high super balances: FAAA

To avoid disincentivising Australians saving more for retirement, the Financial Advice Association Australia (FAAA) urges the federal government to decrease the proposed 30% tax rate for superannuation balances that exceed $3 million.

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Read more: FAAAFinancial Advice Association AustraliaSarah AboodJim Chalmers