Reforming the Retirement Phase of Super - jimchalmers.org

We’ve also made significant progress on our superannuation agenda. We’ve been working hard to safeguard super, strengthen it, and help more Australians have a secure and dignified …

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Chalmers Flags Super Changes To Stop Early Withdrawals

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Treasurer Jim Chalmers will use a speech on Monday to propose further protections for superannuation to safeguard retirement savings. Australians pulled out around $36 billion from …

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Jim Chalmers Plans To Legislative Objective For Superannuation …

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Feb 19, 2023 · Jim Chalmers will declare the “super wars” are over as he officially revives Labor’s plan to enshrine in law a narrow purpose for Australia’s $3.3 trillion retirement system.

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‘Juice Isn’t Worth The Squeeze’: Albanese’s Super Tax Fails To Garner ...

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1 day ago · Treasurer Jim Chalmers has pushed to increase the tax on superannuation accounts worth more than $3 million from 15 per cent to 30 per cent. Asked about the future of the …

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Superannuation: David Murray Attacks Labor And Treasurer Jim …

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Feb 20, 2023 · Announcing Labor’s long-awaited draft purpose for super, Treasurer Jim Chalmers warned the $50 billion annual cost of tax breaks for superannuation was not “sustainable” as …

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Jim Chalmers Offer To Exempt Judges From Super Tax Hike Not …

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Jan 28, 2025 · Treasurer Jim Chalmers offered to exempt retired judges from his plan to increase the tax on superannuation accounts worth more than $3 million, but this was rejected by the …

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FAQs about Reforming the Retirement Phase of Super - jimchalmers.org Coupon?

What did Treasurer Jim Chalmers say about superannuation?

In a speech to the sector in Sydney on Monday, Mr Chalmers promised to ensure the system was reserved for funding Australians in retirement. He described as "contradictory, sometimes counterproductive, and often costly". Treasurer Jim Chalmers has promised to end a political war centred on superannuation. Source: AAP / Lukas Coch "Never again. ...

Could a superannuation reform be on the agenda?

There are signs that if Treasurer Jim Chalmers can manoeuvre the superannuation changes through parliament without losing more political paint, further reform could be on the agenda. Early in a press conference this week, Treasurer Jim Chalmers looked down the barrels of the assembled TV cameras and made what amounted to a plaintive cry. ...

Will Jim Chalmers end a political war centered on superannuation?

Treasurer Jim Chalmers has promised to end a political war centred on superannuation. Source: AAP / Lukas Coch "Never again. Our government will take a different approach ... We’ll try to end the super wars once and for all," he declared. ...

Will Australia's Superannuation System be overhauled?

AUSTRALIA’S superannuation system is facing an overhaul, with the government looking at ways to block the early release of retirement money. Treasurer Jim Chalmers will use a speech on Monday to propose further protections for superannuation to safeguard retirement savings. ...

How will Australia's New superannuation reforms affect retirees?

Chalmers said the new package of reforms will help give retirees peace of mind, help them make their super go further and provide more support to navigate retirement. "These changes will empower more Australians to make the most of their superannuation through more trusted information, better products and greater transparency," he said. ...

Is a superannuation objective 'long overdue'?

The Australian Institute of Superannuation Trustees has also welcomed the proposal, with chief executive Eva Scheerlinck saying the legislation of an objective was “long overdue”. ...