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HomeAus & NZTreasurer defends tax on multi-million dollar super funds

Balanced News: Treasurer defends tax on multi-million dollar super funds

Our 'quick read' news summary

The Treasurer, Jim Chalmers, has defended the proposed new second-term tax on multi-million-dollar super funds, stating that it is necessary in order to provide needed revenue for government programs. The tax is expected to bring in an estimated $2.8 billion in revenue over the next 10 years.

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