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Super changes could slug Australian workers

Australian workers should be very wary of a proposal to change the tax treatment of superannuation -- it could mean a cut in take-home pay. Currently, the contributions tax of 15 per cent is paid by the super funds.

Super changes could slug Australian workers
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There are a number of proposals being touted that may result in the tax being paid by employees instead. This would mean employees will suffer a reduction in income after tax. All Australians making super contributions will be worse off.

Read the full story at Business Spectator.

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