this post was submitted on 10 Mar 2026

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Richest super balances to be taxed at higher rates after Greens agree to back Labor plan (www.theguardian.com)

submitted 6 months ago by NomNom@feddit.uk to c/australia@aussie.zone

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[–] thatKamGuy@sh.itjust.works 2 points 6 months ago

If you have $3m in Superannuation, with a standard 6% ROI annually, you could spend $180K of “earned interest” every year without ever touching your principal.

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