Why is the government reining in super tax breaks? - Podcast

Why is the government reining in super tax breaks?

by Kat Clay, Brendan Coates, Joey Moloney

03.03.2023 Podcast
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The Albanese government has declared that they will increase the earnings tax rate on super accounts with a balance of over $3 million, much to the chagrin of the wealthy.

While this has made prime fodder for comedians to mock the rich, there are more serious issues at play here. Super tax breaks need reform and budget deficits need to be repaired.

Economic Policy Program Director Brendan Coates, Senior Associate Joey Moloney, and host Kat Clay, discuss whether the government should be cutting tax breaks on multi-million dollar super balances.

Read the Money in Retirement report

Kat Clay
Head of Digital Communications
Kat Clay is the Head of Digital Communications at Grattan Institute. She has more than a decade of experience in digital content and creative services across the non-profit and government sectors.

Brendan Coates
Economic Policy Program Director
Brendan Coates is the Economic Policy Program Director at Grattan Institute, where he leads Grattan’s work on tax and transfer system reform, retirement incomes and superannuation, housing, macroeconomics, and migration.

Joey Moloney
Senior Associate
Joey Moloney is a Senior Associate in Grattan Institute’s Economic Policy program. He has worked at the Productivity Commission and the Commonwealth Treasury, with a focus on the superannuation system and retirement income policy.

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