Superannuation tinkering could kill the goose that lays the golden egg

The Conversation, SuperannuationGiven the A$2 trillion tied up in superannuation, it is perhaps no surprise that Australian governments could be tempted to use it as a cash cow to address growing budget shortfalls.

Rumours of further changes to superannuation are gathering momentum ahead of the next federal election. While the Coalition government has ruled out making direct changes to superannuation taxation, it has reportedly left open the option of addressing what it calls “super integrity issues” and “loopholes” in the system. The Labor opposition has promised it will cut superannuation tax concessions for high-income earners. Read more...