Posts tagged "australian superannuation"

It's estimated workers were owed $3.4 billion worth of super in the 2019/20 financial year, according to the tax office.

Raising the tax rate on superannuation balances above $3 million will affect "many mum-and-dad businesses" which hoped to sell up for retirement, National Party leader David Littleproud says, as accountants warn of significant tax implications for successful entrepreneurs nearing the end of their professional lives.

The Coalition's policy will provide a flow of new entrants into the property market, leading to an increase in demand, then upward price pressure.