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The Grattan Institute has rejected the argument that abolishing superannuation tax breaks would significantly affect retirement savings, claiming that individuals who claim concessions would save the same amount regardless.
Speaking to SMSF Adviser, Grattan Institute chief executive John Daley said there is consistent evidence both in Australia and internationally that high-income earners would save the same amount of money for retirement regardless of the tax incentives they are given.
Read the full story at SMSF Adviser.