That being the case, it doesn't sound like the best policy to me. If my dividends put me in the top tax bracket, I wouldn't be complaining too much.
I don't think super should exist to minimise tax at that level.
Incentive to contribute to your own retirement - Yes. Therefore taking the burden off the government to provide you a pension. Earning $180k plus per year at 15% tax rate, off a $5million dollar super balance - No. If you have that money, you won't be a burden to the government anyway.
