Labor with stealth trying to slug every Australian with more tax from your accounts.!!
A private sector super expert has explained just how !!
The Labor hoax begins with only accounts >$3m affected.
As Labor falsely states the 'big-end' of town. (Doesn't affect me)
This is totally misleading, as if you are young ( viz. 20-45 years old ), this change will actually apply to you down the road once you try to access your monies at retirement at age 70. (maybe 75 in 2065)
He explained it was all about the passage of time as your balance of 150-500k now will be 3-4 million in 20-40 years.
VWhallah !!
Thanks Grim Jim.
LABOR's Sneaky Attack on all Superannuation Accounts.
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