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Financial advisers have now spoken-out against watering down the Coalition’s superannuation package, warning that implementing exemptions to the proposed superannuation caps would further complicate the system and leave it open to abuse. From The AFR:
Advisers have also told The Australian Financial Review that Treasurer Scott Morrison’s confirmation that certain types of contributions will be carved out of the contributions limits will leave the system open to abuse…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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