Tag: financial investment calculator
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Keating’s Superannuation Vision Threatened by Chalmers’ Tax Proposal
Former Prime Minister and Treasurer Paul Keating’s superannuation vision is facing a significant challenge from current Treasurer Jim Chalmers’ proposed tax on unrealised gains within superannuation balances exceeding $3 million. Keating, alongside union leader Bill Kelty, laid the groundwork for Australia’s compulsory superannuation system in the early 1990s, aiming to create a robust retirement savings…