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Current superannuation tax concessions mean too much government money ends up in the hands of the richest Australians, while those who need it most are missing out.
The fifteen billion dollars in super tax concessions given to the richest 10% of Australians is enough to fully fund all recommendations from the Gonski Report, implement the National Disability Insurance Scheme, and still have change left over!
The money that could be used to make massive overhauls in healthcare, education and social welfare is instead lining the pockets of those who already have enough.
Right now, we have a once in a generation shot at making the system fairer for every Australian. Today it was revealed that the government is considering superannuation reforms this year.
That won't be easy. We've learned time and again that these reforms don't happen without public pressure. Just look at recent media laws and anti-discrimination legislation. Certain investment companies are making a mint from the current scheme - and you can bet they'll be mobilising against this.
Sign the petition using the easy tool to let cabinet know that you support changes to make supernauution fairer and more equitable.
Dave R.
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