Australia’s generous superannuation concessions for higher income earners have received more stick, with research from the Grattan Institute prepared for next week’s National Reform Summit arguing that a third of all taxpayers aged 60 to 64 topped up their accounts by $40 billion in 2012-13, according to an article published today in The AFR:
“Most of the voluntary contributions are tax structuring by over 60s rather than early savings for retirement”…
