Majority of Australian Voters Support Labor’s Plan to Raise Super Tax: Newspoll

Australian dollars in Sydney, on Jan. 15, 2016. AAP Image/Joel Carrett

A new poll has shown that the Labor government’s plan to lift the superannuation tax for high-income earners was well received by most Australian voters.

According to the latest Newspoll conducted by The Australian, which surveyed 1,530 voters between March 1 and March 4, over six in ten (64 percent) respondents supported the government’s plan to raise the concessional tax rate for super balances over $3 million (US$2.03 million) to 30 percent in 2025.