Labor and Greens set for standoff over superannuation tax plan

Nov 26, 2024  · Labor and Greens set for another standoff, this time over $3m-plus super balances. A fresh fight is looming between Labor and the Greens, this time over changes to tax on massive super balances.


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Labor And Greens Set For Standoff Over Superannuation Tax Plan

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Nov 26, 2024  · Labor and Greens set for another standoff, this time over $3m-plus super balances. A fresh fight is looming between Labor and the Greens, this time over changes to tax on massive super balances.

news.com.au

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$3m Super Tax Officially Abandoned For This Year - SMSF Adviser

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The government’s plan to increase the tax on superannuation balances over $3 million has officially been abandoned, at least for this year. At first believed to have been left out of a …

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$3 Million Superannuation Tax: Industry, Angus Taylor Says That …

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Oct 3, 2023  · The Albanese government has dug in on its controversial plan to tax unrealised gains on earnings from superannuation balances over $3 million, with industry experts and the …

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Greens Threaten To Block Superannuation Changes, Demanding …

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Sep 1, 2023  · Earlier this year, the government detailed plans to double the tax rate for superannuation balances over $3 million dollars. The changes are expected to bring in an …

abc.net.au

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PM Gives Greens' Super Demands Short Shrift, Says Labor's 'got The ...

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Mar 4, 2023  · The Greens want all tax concessions for people with more than $1.9 million in their superannuation accounts scrapped The prime minister brushed that suggestion aside but …

abc.net.au

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This Simple Change Could Solve Labor’s Super Tax Problem

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Aug 19, 2024  · Labor’s proposal to double the tax on earnings on super balances over $3 million to 30 per cent had broad public support when it was announced last March, but has been …

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New Blow To Labor’s Tax Hit On Super - Financial Review

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Jun 24, 2024  · Government plans to raise the tax rate on superannuation accounts valued at more than $3 million have suffered a blow, with key Senate crossbenchers opposed to the taxation …

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Labor's Superannuation Tax Changes Are A Low-risk Plan For …

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Mar 1, 2023  · First, only the very top end will notice it: 0.5 per cent of superannuation accounts, holding more than $3 million, will pay a higher tax rate on earnings above the threshold (30 per …

abc.net.au

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If Labor And Greens Fail To Back Government’s Superannuation …

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Sep 4, 2016  · A $500,000 lifetime cap on after-tax super contributions, backdated to 2007 (Labor agrees but opposes backdating) MAINTAIN tax offset for low income earners (Government …

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‘Stupid Policy’: Labor’s Superannuation Tax Plan - MSN

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The Motley Fool Chief Investment Officer Scott Phillips says Labor’s new superannuation was always a “stupid policy”. Labor’s plan to tax super balances over $3 millions dollars has hit a ...

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‘Stupid Policy’: Labor’s Superannuation Tax Plan

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The Motley Fool Chief Investment Officer Scott Phillips says Labor’s new superannuation was always a “stupid policy”. Labor’s plan to tax super balances over $3 millions dollars has hit a ...

skynews.com.au

FAQs about Labor and Greens set for standoff over superannuation tax plan Coupon?

Will the Greens block the government's superannuation tax concessions?

(ABC News: Matt Roberts) The federal Greens are threatening to block the government's planned changes to superannuation tax concessions, demanding Labor introduce superannuation on government-funded paid parental leave. Earlier this year, the government detailed plans to double the tax rate for superannuation balances over $3 million dollars. ...

Will labor tax Super balances over $3 million?

Labor’s plan to tax super balances over $3 millions dollars has hit a roadblock. The bill will pass the House of Representatives this week but will have to face some hurdles in the senate. Independent senators Jacqui Lambie and David Pocock oppose the taxation of unrealised gains. ...

Is labor's plan to change superannuation a'money-go-round scheme for the rich'?

Labor’s plan to change superannuation has been labelled a “money-go-round scheme for the rich” as tax cuts for high earners remain on the table. ...

Was labor's new superannuation a'stupid policy'?

Powered by WordPress.com VIP The Motley Fool Chief Investment Officer Scott Phillips says Labor’s new superannuation was always a “stupid policy”. Labor’s plan to tax super balances over $3 millions dollars has hit a roadblock. The bill will pass the House of Representatives this week but will have to face some hurdles in the senate. ...

Should superannuation tax concessions be scrapped?

The Greens want all tax concessions for people with more than $1.9 million in their superannuation accounts scrapped The prime minister brushed that suggestion aside but welcomed the policy debate The federal government wants to double the tax rate on earnings for people with more than $3 million in their accounts ...

Will superannuation tax be increased?

The government’s plan to increase the tax on superannuation balances over $3 million has officially been abandoned, at least for this year. ...

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