Morrison's super changes still have victims

Coalition wavers, dumping $500k after-tax cap. But not without creating a few new superannuation victims.

Summary: Morrison said the three main changes balanced each other out and would be revenue neutral to the budget in the medium term.

Key take-out: The changes will allow a greater number of Australians to continue to put in non-concessional contributions to their super. But the 'wealthy', with existing large balances of more than $1.6m, will not be able to.


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