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The Jacaranda FM News team is based in Gauteng – but covers local and international news of the day, providing the latest developments online and on-air. News bulletins run from 5am to 7pm weekdays, and from 7am to 6pm on weekends and public holidays. Tune into Jacaranda FM, or log on to www.jacarandafm.com, for the news you need to know.. now.
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Labor is poised to move forward with its plan to increase the tax on superannuation balances over $3 million.
Critics are calling the idea unfair and questioning why Labor’s super tax will apply to unrealised gains, rather than just money made.
But with Labor’s super majority in parliament – and support from the Greens in the senate – their opponents can only complain.
Today, national correspondent for The Saturday Paper, Mike Seccombe, on Labor’s superannuation plan, and what it tells us about the government’s economic priorities in its second term.
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Guest: National correspondent for The Saturday Paper, Mike Seccombe.
Photo: AAP Image/Russell Freeman
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