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Why Chalmers backtracked on big super balances

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Manage episode 514231654 series 2507494
Content provided by [email protected] and Solstice Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and Solstice Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This week, the federal government dramatically re-wrote its signature tax policy.

The changes mean that a small section of people with very high super balances will pay less tax.

That backflip has big consequences – for the government's budget, and for its commitment to addressing wealth inequality in this country.

Today, press gallery journalist Paul Bongiorno, on why the government caved to pressure from outside, and within, its own ranks.

If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.

Socials: Stay in touch with us on Instagram

Guest: Press gallery journalist Paul Bongiorno

Photo: AAP Image/Darren England

See omnystudio.com/listener for privacy information.

  continue reading

1851 episodes

Artwork

Why Chalmers backtracked on big super balances

7am

899 subscribers

published

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Manage episode 514231654 series 2507494
Content provided by [email protected] and Solstice Media. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by [email protected] and Solstice Media or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

This week, the federal government dramatically re-wrote its signature tax policy.

The changes mean that a small section of people with very high super balances will pay less tax.

That backflip has big consequences – for the government's budget, and for its commitment to addressing wealth inequality in this country.

Today, press gallery journalist Paul Bongiorno, on why the government caved to pressure from outside, and within, its own ranks.

If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.

Socials: Stay in touch with us on Instagram

Guest: Press gallery journalist Paul Bongiorno

Photo: AAP Image/Darren England

See omnystudio.com/listener for privacy information.

  continue reading

1851 episodes

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