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The Guardian - AU
The Guardian - AU
National
Jonathan Barrett Senior business reporter

Will Labor’s super changes force people to sell assets to pay their tax? Here’s what the experts say

An elderly man looks at the market trading boards at the Australian Securities Exchange (ASX) in Sydney
Labor’s changes are unlikely to pose a threat to the goal of superannuation, which is to provide a dignified and comfortable retirement, economists say. Photograph: David Moir/AAP

Shortly after the Labor government announced a cap on generous arrangements for those with very high superannuation balances, opponents noted that some people may be forced to sell assets to pay their tax bills.

Experts say the fears are overblown.

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