Treasurer Scott Morrison announces super changes Source: AAP
The latest changes to superannuation include replacing the lifetime cap with a yearly limit of $100,000. The government said this would save $180 million in the next four years. The changes would also better target the superannuation tax concessions and improve the systems sustainability and flexibility.
The latest changes to superannuation include replacing the lifetime cap with a yearly limit of $100,000. The government said this would save $180 million in the next four years. The changes would also better target the superannuation tax concessions and improve the systems sustainability and flexibility.
