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Government adapts proposed superannuation changes

Treasurer Scott Morrison announces super changes
Treasurer Scott Morrison announces super changes Source: AAP

The Federal Government has announced a revised package of changes to its superannuation tax concessions.


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Updated

By Amanda Cavill, Mai Hoa

Source: SBS



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The Federal Government has announced a revised package of changes to its superannuation tax concessions.


The original changes announced in the May 3rd budget sparked an angry backlash, including from sections of the Liberal Party, in the run-up to the July election.

The latest changes include replacing the lifetime cap with a yearly limit.


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