How Labor’s new super tax works
June 3, 2025
15 min
1579
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1,664 of 2,041
Episode 1579 · June 3, 2025
How Labor’s new super tax works
0:00 / 15:36
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The Messy Conservatives Episodes Around June 3, 2025
Episode 1,664 of 2,041 — walk the feed in the order it was published.
15:36This episodeHow Labor’s new super tax works
Summary
<p>Labor is poised to move forward with its plan to increase the tax on superannuation balances over $3 million.</p> <p>Critics are calling the idea unfair and questioning why Labor’s super tax will apply to unrealised gains, rather than just money made.</p> <p>But with Labor’s super majority in parliament – and support from the Greens in the senate – their opponents can only complain.</p> <p>Today, national correspondent for <em>The Saturday Paper</em>, Mike Seccombe, on Labor’s superannuation plan, and what it tells us about the government’s economic priorities in its second term. </p> <p> </p> <p>If you enjoy <em>7am</em>, the best way you can support us is by making a contribution at <a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.</p> <p> </p> <p><strong>Socials:</strong><strong> </strong>Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a></p> <p><strong>Guest:</strong> National correspondent for <em>The Saturday Paper</em>, Mike Seccombe.</p> <p><strong>Photo: </strong>AAP Image/Russell Freeman</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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