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AAP
AAP
Politics
Poppy Johnston

BIZARRE: Government eyes off super tax concessions | Mind Blowing Facts

Super tax concessions are in the Albanese government's line of sight as it looks for opportunities to boost revenue and repair the budget bottom line.

Assistant Treasurer Stephen Jones said tax concessions on super funds are costly to government finances and are being used to amass wealth.

"If the objective of super is to provide a tax-preferred means for estate planning, you could say it is doing its job," Mr Jones told the Australian Financial Review's wealth and super summit.

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