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The New Daily
The New Daily
Rod Myer

Increase GST rather than change tax on super, expert says

Superannuation tax change proposals are aimed at the wealthy. Photo: Getty

Calls by the Grattan Institute to cut superannuation contribution caps and tax all superannuation pension payments have been questioned by experts, who say more comprehensive tax reform would be better.

Grattan’s report says super tax breaks cost the budget up to $45 billion and they could cost more than the age pension by as soon as 2036.

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