The magnificent David Murray has ramped up pressure on Malcolm Turnbull to abandon the Abbottalyptic ban on super concession reform. From the AFR:
The current framework for superannuation tax concessions was “particularly harmful” to low income people, he said.
“In order to deliver value to the Australians in the superannuation system, policymakers will have to come to grips with the fact it doesn’t deliver the value it should, given the vast amount of money people are putting into it via contributions and as a taxpayers”.
