Matter of trusts: Government weighs new tax reform fight after super storm

We need to talk about wealth taxes

Labor has diluted its $3m super tax but that won’t quell calls to do something about how the tax system makes the generational wealth divide worse.

Matter of trusts: Government weighs new tax reform fight after super storm

In the wake of Labor's $3m superannuation tax policy reversal, the question is if, or when, family trusts will be added to the government's reform agenda.

Revised super tax penalises ambition, not extreme wealth

The final version of the government’s new super tax is going to have two clear consequences. The very rich will quickly move money out of super, but the mass affluent who aspire to grow their wealth in super will mostly stay where they are and that means many will face a doubling of previous tax rates. Very wealthy super investors will switch funds out of super entirely and resort to using the family home, family trusts and anything else they ca…