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The Guardian - AU
The Guardian - AU
National
Patrick Commins

Labor’s watered-down super tax plan creates a fairer system – but it’s far from as fair as it should be

Labor Jim Chalmers
Australian treasurer Jim Chalmers announced six surprise changes to Labor's super tax policy in a new watered-down plan
The superannuation tax overhaul does not bode well for Jim Chalmers’ lofty vision of a boldly reforming Labor party after its landslide election win. Photograph: Mick Tsikas/AAP

Labor has dramatically overhauled its $3m super tax legislation, and the policy is weaker for it. It’s still pushing in the right direction, just not as hard.

None of this bodes well for Jim Chalmers’ lofty vision of a boldly reforming Labor party in those heady early days after May’s landslide election victory.

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