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Australian Treasurer Jim Chalmers (L) speaks to the media during a press conference as Prime Minister Anthony Albanese looks on at Parliament House in Canberra, Australia, on Feb. 28, 2023. AAP Image/Lukas Coch
The announcement by the federal government that it intends to change the tax structure on superannuation (pension funds) should be of concern to all Australians. Indeed, it should be concerning to all Australians as it is arguably retrospective.
Neil Angus served in the Parliament of Victoria as the Member for the Forest Hill electoral district from 2010 to 2022. Prior to being elected to Parliament, Angus was a Chartered Accountant in public practice for over 25 years.