Disparities in the Superannuation System Favoring Wealthy Retirees

The Albanese government wants to reduce the tax breaks for those with more than $3m in superannuation. And while sections of the media are highly critical of the changes, others say the proposal does little to address intergenerational inequality in the tax system. Columnist Greg Jericho speaks to Reged Ahmad about why the media debate over a smaller tax break for Australia’s wealthiest 0.5% is divorced from reality You can support the Guardian at theguardian.com/fullstorysupport