Exclusive: The powerful industry lobby says the superannuation system unfairly benefits high-income earners and men
Tax concessions for superannuation that overwhelmingly favour the rich need to be overhauled, the powerful industry super fund lobby has told Treasury.
In a submission to a review of the super system being conducted by the department, peak body Industry Super Australia says the imbalance also means men get an outsized share of super tax breaks.
Continue reading...from World news | The Guardian https://ift.tt/38Mgjs7
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