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Australia’s tax system is ‘not fit for purpose’ amid unrealised tax scheme

Judo Bank Economic Advisor Warren Hogan discusses Labor’s plan to tax superannuation funds and other unrealised gains.

“What they’re trying to do, of course, is get these assets out of super and get rid of the beneficial tax treatment,” Mr Hogan told Sky News host Peta Credlin.

“Because the super system is not delivering what was promised 30 years ago, it’s too expensive, and they need to tax that income.”

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