exit tax on super , page-94

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    EJD- thanks for the links. I didn't see these so worthwhile posting!

    However reading the first few line (below) it looks as if ONE aspect may be in the clear for now. Note they will look at other aspects, and although she states that the money drawn from super after 60 will remain tax free, there is no commitment to retain the tax free earning status within the super fund. And then there is the 15% on earning when in Accm phase - no mention of retaining that either. Lets hope they come to their senses sooner or later.

    'Prime Minister Julia Gillard has ruled out taxing withdrawals on superannuation for people aged over 60, narrowing changes the government can make to the super system to pay for big spending promises.

    Facing intense pressure over the past week about possible changes to the super regime that were leaked to The Australian Financial Review, Ms Gillard told Parliament Labor would keep its May 2010 assurance that people over 60 would not have to pay tax on payments from their superannuation savings.

    “The government reaffirms that it will never remove tax-free superannuation payments for the over-60s,” she said, referring to a commitment made when it released a review of the taxation system by former Treasury secretary Ken Henry in 2010.'
 
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