Finance

Anthony Albanese’s opportunistic super tax hike will just finance lazy spending rather than genuine tax reform

Jim Chalmers’ complaint that opposition to his crackdown on superannuation tax breaks for the better off “doesn’t augur well for bigger, broader tax reform” has, ironically, got people talking about that very exercise.

The Coalition’s new finance spokesman James Patterson says that if Chalmers was “talking about genuine tax reform, holistic tax reform across the board that, for example, reduced the collection of taxes in efficient areas and collected that revenue in less distortionary ways, we’d be up for that conversation”.

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