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The New Daily
The New Daily
Dominic Giannini and Tess Ikonomou

Libs fight super tax despite ‘little sympathy’ for rich

Govt accused of bungling super planning 10 News First – Disclaimer

The opposition has vowed to fight changes to superannuation taxes for multimillionaires, despite admitting there probably isn’t much public sympathy for the wealthy.

The government will move to legislate a higher concessional tax rate of 30 per cent compared with the current 15 per cent for earnings on super balances above $3 million.

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