Why Chalmers backtracked on big super balances
October 17, 2025
15 min
1695
Full
1,780 of 2,041

Episode 1695 · October 17, 2025
Why Chalmers backtracked on big super balances
0:00 / 15:29
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The Messy Conservatives Episodes Around October 17, 2025
Episode 1,780 of 2,041 — walk the feed in the order it was published.
15:29This episodeWhy Chalmers backtracked on big super balances
Summary
<p>This week, the federal government dramatically re-wrote its signature tax policy. </p> <p>The changes mean that a small section of people with very high super balances will pay less tax.</p> <p>That backflip has big consequences – for the government's budget, and for its commitment to addressing wealth inequality in this country. </p> <p>Today, press gallery journalist Paul Bongiorno, on why the government caved to pressure from outside, and within, its own ranks.</p> <p> </p> <p>If you enjoy 7am, 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> Press gallery journalist Paul Bongiorno</p> <p><strong>Photo: </strong>AAP Image/Darren England</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>
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