Super tax changes the real test of Albanese’s election victory

Wealthy rush to avoid new superannuation tax on $3 million accounts where unrealised assets are targeted

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Super tax changes the real test of Albanese’s election victory

It’s been on the government’s agenda for two years, but the planned overhaul of tax on super accounts worth more than $3 million will be Albanese’s first test.

SMSFs ‘panic’ sell assets to avoid Labor’s $3m super tax

Wealthy retirees have begun selling assets and restructuring their investment portfolios to avoid Labor’s planned extra tax on large super balances, financial advisers say.

SMSF Association Calls for Urgent Action on Flawed Super Tax Amid Growing Panic Selling - SMSF Association

Amid rising community unrest and reports of panic selling across the $1 trillion SMSF sector, the SMSF Association is calling on the Government to urgently address catastrophic flaws in its […] The post SMSF Association Calls for Urgent Action on Flawed Super Tax Amid Growing Panic Selling appeared first on SMSF Association.