If you're one of the ~80,000 people with more then 3mill in super. Stick the rest in a company or trust or whatever other tax avoidance vehicle and play games there like you're meant to.
Same goes for the big asset farmers who the opponents love to squark about as being victims of this. Holding their business assets in a pretty good system designed to offload pension burden from the treasury to the market. If it's a business asset, put it in a business and pay tax (or not) based on the business, like every other business has to. Or make a case to carve out an exemption based on your primary production status. Not producing? Then you're just wealth hoarding in the pension system.
They likely can't because it's just efficient tax minimising and you can bet the people paying for the news are in the 80k.
That said, I'm pro in indexing it tbh.
re: a couple of posts above, @Scooterdog if you're trading as a business and not as a person or your primary occupation is 'trader' and you can demonstrate to ATO that it's all done in a business like manner you can potentially flip your tax treatment to being like any business that buys and sells goods and not do as capital gains. Maybe even be an employee of your company... Just usually capital gains mode better. Of course talk to a real accountant/professional. Many cases get denied by ATO. I'm certainly not a professional and that's from my own research only... Blah blah disclaimers etc
