Millions of lower-income workers in Australia are set to benefit from proposed super changes. Here’s why

The government announced a set of proposed superannuation reforms including raising the low income super tax offset eligibility cap from $37,000 to $45,000. Photograph: Bloomberg/Getty Images

The big news this week has been around Labor’s capitulation on key aspects of its proposed extra tax on the tens of thousands of Australians with massive super balances.

That’s meant another policy announcement has flown more under the radar, despite the fact that it will affect millions more workers.