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Showing 11 - 20 of 212 results for "Super tax"

Government reviewing $3m super tax

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
The deputy secretary of the revenue division with Treasury Diane Brown has told a Senate estimates hearing that the government is considering potential changes to Treasurer Jim Chalmers' controversial $3 million superannuation tax legislation. Brown ...

Another industry body urges Division 296 reconsideration

MATTHEW WAI  |  TUESDAY, 16 SEP 2025
... complexity. Poorly considered changes will undermine confidence in superannuation." Despite overwhelming pushback against the super tax, the Association of Superannuation Funds of Australia (ASFA) stands firmly behind the bill, claiming that it must ...

Australian investment in venture capital lags: SMC

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... reduce barriers to investing in new asset classes, while keeping high standards of consumer protection; and ensuring super tax concessions are better targeted to support low-income workers and reduce reliance on the Age Pension. SMC is also calling for ...

HESTA calls for reforms to help women in retirement

ELIZA BAVIN  |  FRIDAY, 1 AUG 2025
... Australia's super system fairer for women and low-income earners. HESTA continues to advocate for an increase to Low-Income Super Tax Offset (LISTO) eligibility to the second marginal tax threshold of $45,000 and lifting the payment amount to ensure ...

'We're proceeding' with Div 296: Chalmers

ELIZA BAVIN  |  THURSDAY, 31 JUL 2025
Legislation for the government's $3 million super tax has been pushed to beyond next month's Economic Reform Roundtable, but Treasurer Jim Chalmers said the government has every intention to proceed as planned. "We're proceeding with the policy that ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
... (ASA) is urging the federal government to reconsider the proposed terms on the Division 296 superannuation tax. The super tax has received mixed opinions since its announcement, but the Labor government has insisted on proceeding with the bill to impose ...

Up to two million Aussies could face super tax: FSC

MATTHEW WAI  |  FRIDAY, 6 JUN 2025
... later stage." On Wednesday, Nationals Senator Matt Canavan and Greens leader Larissa Waters debated the viability of the super tax on morning television. Canavan argued the tax is incredibly unfair and said the Coalition will "fight to the death" to ...

MP says Coalition will 'fight to the death' over $3m super tax

MATTHEW WAI  |  WEDNESDAY, 4 JUN 2025
... important contributor against the "illogical and unfair" policy. Treasurer Jim Chalmers remains fully committed to the super tax, labelling it as "concessional" while bolstering things like Medicare, cost-of-living relief and easing housing problems. ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
As politicians, industry groups, and financial experts spar over the $3 million super tax, which will only affect a fraction of Australians, another critical problem is being ignored. The "vast majority" of people under 30 will never have more than ...

Chalmers and Bragg spar over $3m super tax

JAMIE WILLIAMSON  |  TUESDAY, 20 MAY 2025
Treasurer Jim Chalmers is maintaining politicians will be captured by the $3 million super tax, labelling commentary to the contrary as lies. Liberal Senator Andrew Bragg has copped heat from Chalmers over his claims that the Division 296 tax changes ...