Senior Treasury officials have admitted that they have done no modelling to test industry claims that the $3m super tax could impact 500,000.
Vanguard has backed the appropriateness of the super performance test but wants the ATO to factor fees into the equation.
For most of the past two decades research has confirmed what financial advisers already know – that as clients move into their mid-50s they become
Government politicians have been left in no doubt that taxing unrealised gains is bad policy not offset by bringing forward losses.