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AAP
AAP
Adrian Black

Big bank's tax vision bucks business lobby, coalition

Commonwealth Bank suggests major tax reforms in its submission to a Productivity Commission review. (Dave Hunt/AAP PHOTOS)

Superannuation concession limits and a wealth tax could unlock national economic productivity, Australia's largest bank says, but others call them a "war on aspiration".

Many have been some surprised and some incensed by the Commonwealth Bank's calls for radical tax reform in its submission to a Productivity Commission review, which also suggests broad reforms to housing, workforce and energy policy.

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