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AAP
AAP
Politics
Paul Osborne

NAB bank head backs in Labor superannuation plan

NAB CEO Ross McEwan is backing Labor's plan to tweak superannuation taxation. (Daniel Pockett/AAP PHOTOS) (AAP)

The boss of one of Australia's big four banks has backed Labor's proposed tax hike on superannuation.

The Albanese government plans to lift the tax rate on earnings for superannuation balances over $3 million from 15 per cent to 30 per cent from mid-2025.

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