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Men's Weekly

The budget super change that helps the wealthy at the expense of the young

  • Written by Brendan Coates, Fellow, Grattan Institute
The budget super change that helps the wealthy at the expense of the youngIf your're wealthy you'll be able to put more money into super without even working.Shutterstock

Another federal budget, and yet more tinkering to superannuation tax breaks. But the latest changes will only help older wealthier Australians. The losers are younger workers and taxpayers.

What’s the plan?

From July 1 2020, Australians aged 65 and...

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