Labor treasurer, Jim Chalmers, announced some surprise changes to the super tax rules on Monday morning. 'There are six main changes to the proposal that we put forward a couple of years ago', he said, including an increase to the low income superannuation tax offset, raising the eligibility threshold, and indexing the threshold up to $10m. 'This means a better deal for low-income workers and also better targeted concessions for the biggest balances. This will make the superannuation system fairer from top to bottom' • Labor backs down on key elements of controversial superannuation tax plan

Labor backs down on key elements of controversial superannuation tax plan

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