Adam Creighton wrong on superannuation concessions

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By Leith van Onselen

Adam Creighton penned an article in The Australian over the weekend attacking Labor’s plan to lower the high income 15% superannuation concession surcharge to $200,000 from $250,000 currently:

Reducing even further the Division 293 threshold from $250,000 to $200,000 would mean a worker on a salary excluding super of, say, $210,000, would pay $3300 extra superannuation tax…

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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.