How to make superannuation fairer
Grattan Institute
00:00
The Importance of Tax Breaks for Retirees
A self-funded retiree couple can have from 1st of July this year, $3.8 million in super unlimited home equity and income outside super up to about $66,000 a year and pay no income tax. Joey says it sounds like super tax breaks create an intergenerational fairness problem as well. "It's clearly unsustainable and undesirable to push all the cost of that onto young people," he says.
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