Chalmers backs down on super indexing, puts in higher tax rate for accounts with $10m

According to a report by SMH… Treasurer Jim Chalmers has announced six changes to the government’s controversial superannuation tax legislation – including a new $10 million threshold. complete report is on below link. Source: https://www.smh.com.au/politics/federal/chalmers-backs-down-on-super-indexing-in-bid-to-get-changes-through-parliament-20251013-p5n21t.html?ref=rss&utm_medium=rss&utm_source=rss_feed