What do these superannuation changes for the rich really mean?

By Cam McLellan

So you think that the new changes to superannuation for the 16,000 high rollers doesn’t matter.

Think again.

The new tax on large super gains won’t have an effect on the vast majority of Australians. This is true, for now.

My concern is that the government now may have the taste of blood. Like they have done many times before, they take a little and then come back for more. Don’t be surprised when the government lowers the gain amount and starts taking a slice of your retirement pie.

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