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Nothing changes in the Government's Superannuation proposals despite mounting internal pressure

Prime Minister, Malcolm Turnbull.

Prime Minister, Malcolm Turnbull. Source: AAP

Australian PM Malcolm Turnbull defended his superannuation proposals, saying it remains a very generous tax advantage system. However, the government is still facing internal pressure from some of its own MPs and supporters over budget measures aimed at limiting the tax-free status of retirement accounts over $1.6 million and transition to retirement arrangements. More on this story by Themis Kallos and Odysseas Kripotos


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By Odysseas Kripotos

Source: SBS



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Australian PM Malcolm Turnbull defended his superannuation proposals, saying it remains a very generous tax advantage system. However, the government is still facing internal pressure from some of its own MPs and supporters over budget measures aimed at limiting the tax-free status of retirement accounts over $1.6 million and transition to retirement arrangements. More on this story by Themis Kallos and Odysseas Kripotos



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