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The New Daily
The New Daily
Business
Alan Kohler

Alan Kohler: The superannuation tax increase is a dress rehearsal

Treasurer Jim Chalmers has more in store to restore balance in the budget, Alan Kohler writes.

It looks like Treasurer Jim Chalmers has hit upon a very clever way to seek an election mandate for tax increases but book the revenue straight away: You make an announcement that it’s happening … in two and a half years’ time, after the next election.

The earliest the next election can be called for the House of Representatives and half the Senate is August 3 next year, and the latest is May 17, 2025.

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