Self-managed superannuation fund (SMSF) managers and parts of the business sector are criticising a federal government deal with the Greens used to pass the government’s tax reform agenda through the upper house. All three reports describe the reaction as angered or dissatisfied, with SMSF managers raising concerns about the implications of the tax changes and the way the legislation is being advanced. The criticism is framed around the impact that the proposed reforms could have on superannuation arrangements, although specific technical details of the tax measures are not provided in the excerpts. The West Australian and PerthNow echo the account reported by Michael West, indicating the same core dispute: that a negotiated cross-party agreement with the Greens is central to securing the numbers needed in the upper chamber. The reporting focuses on who is unhappy—SMSF managers and business groups—rather than presenting a defence of the deal or counterarguments from the government or the Greens in the provided summaries.
Labor-Greens tax deal draws criticism from super funds and business
Self-managed superannuation fund (SMSF) managers and parts of the business sector are criticising a federal government deal with the Greens used to pass the government’s tax reform agenda through the...
- Self-managed superannuation fund (SMSF) managers criticise a federal Labor-Greens tax reform deal.
- Business interests also express anger or dissatisfaction with the deal.
- The deal is used to help pass Labor’s tax reform agenda through the upper house.
- The criticism centres on concerns about how the tax changes may affect superannuation and related arrangements.
- The reporting is consistent across multiple outlets, attributing the same concerns to SMSF managers and business.
Self-Managed Fund managers have hit out at the federal government's deal with the Greens to get its tax reform agenda through the upper house.
20 hours agoSelf-Managed Fund managers have hit out at the federal government's deal with the Greens to get its tax reform agenda through the upper house.
20 hours agoSelf-Managed Fund managers have hit out at the federal government's deal with the Greens to get its tax reform agenda through the upper house.
20 hours ago
US Senate approves war powers resolution limiting Trump’s Iran military authority
The US Senate approves a war powers resolution that limits President Donald Trump’s ability to continue hostilities agai...
Bill Gates says he had extramarital affairs during congressional testimony
During congressional testimony, Bill Gates says he had three extramarital affairs, according to the accounts of his rema...
Evette and Wilson advance to South Carolina GOP gubernatorial runoff
South Carolina’s Republican gubernatorial primary is headed to a runoff between Lt. Gov. Pamela Evette and state Attorne...