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AAP
AAP
Politics
Tess Ikonomou

Greens strike conciliatory tone on super tax changes

Greens Labor Jim Chalmers Nick McKim ABC RN
Labor wants to double the tax rate on super balances above $3 million to 30 per cent. (Joel Carrett/AAP PHOTOS)

The Greens are "absolutely ready" to work with Labor to make proposed changes to superannuation, acknowledging the mandate voters gave the Albanese government at the election.

Labor is looking to double the tax rate of super balances above $3 million to 30 per cent, in a bid to limit the number of wealthy people using their balances for tax deductions rather than their retirements.

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