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ABC News
ABC News
Business

Government's plan to tax 'unrealised gains' a big worry for farmers as $3m threshold threatens retirement plans

Farmers not happy with the Government's proposed changes to superannuation. (ABC News: Greg Nelson)

It may be hard to feel sorry for someone who has more than $3 million stashed away but farmers say proposed changes to superannuation will seriously affect many hard-working families. 

Unlike average Australians on a salary who get employer contributions to their super, farmers have to fund their own retirement and many do it by putting their farm into a self-managed fund.

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