How superannuation discriminates against middle income earners
- Written by Ross Guest, Professor of Economics and National Senior Teaching Fellow, Griffith University
Tax rules baked into superannuation favour those on low and high incomes. ShutterstockWhile all workers benefit from the 9% superannuation guarantee, those on middle incomes benefit significantly less than lower and upper incomes, according to my research.
I ran simulations on the financial assets accumulated over a working life, comparing this to...
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