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AAP
AAP
Politics
Jacob Shteyman

Super backlash 'doesn't augur well for tax reform'

Plans to change the tax rate on super beyond a $3m bracket has been met with opposition from some. (Darren Pateman/AAP PHOTOS)

The uproar over proposed changes to superannuation tax concessions does not bode well for the government's chances of passing broader tax reform, Treasurer Jim Chalmers says.

First introduced two years ago, the plan would double the concessional tax rate to 30 per cent on the portion of superannuation balances above $3 million.

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