The Financial News

The Financial News

The new Super tax is a bad tax… here’s why


The Australian government is proposing an additional tax on large Super balances. Fair enough. But the *way* they’re doing it is bad. In *three* distinct ways.

Our Chief Investment Officer, Scott Phillips, shares his views on why – and why it could impact many, many more people in future!

(And no, he’s not saying people with very large balances shouldn’t contribute a little more. It’s not the intent, but the method, that’s so badly awry here.)

He’s also written an article on it – you can find that, here: https://www.fool.com.au/2025/05/16/the-new-super-tax-is-a-bad-tax/


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