" The discussion is academic only and quite pointless as the government have declared they will not attempt to legislate this before the election.
They will not be re-elected. Mr Abbott won't do it. So all the discussion is just hot air. Can't believe so many journalists and 'experts' have wasted so much time commenting on it. "
Enn, I see this is just another distraction and political stunt - leak a bunch of uncertainty for a few weeks and then follow up with a tax that will raise very little in the whole scheme if it is even legislated,but appear to the majority as fair!
The 16,000 most well off super fund members are far shrewder than most - That's why they have over $2M in their funds, and they will simply restructure investments to suit if it ever transpired.
