Crossbench senators have welcomed the Albanese government’s plan to double tax on superannuation balances above $3m, but Labor is under pressure to do more to lift government revenue and boost women’s super balances.
Super funds and the independent MP Zoe Daniel have proposed adding superannuation on to paid parental leave, while the Greens and senator David Pocock want to revisit the stage-three tax cuts and crack down on other concessions.
