Daddy’s back 😏 A timeline of major tax changes to superannuation in Australia. • 1983 – Hawke Labor: Superannuation introduced, 3% employer contribution, tax-free. • 1988 – Hawke Labor: 15% tax on contributions and 15% tax on earnings introduced. • 1996 – Howard Liberal: Super surcharge introduced, up to 30% for higher incomes over $70k (single) or $100k (family). • 2012 – Gillard Labor: Division 293 tax introduced, 30% on concessional contributions for incomes over $300k. • 2017 – Turnbull Lib
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Daddy’s back 😏 A timeline of major tax changes to superannuation in Australia. • 1983 – Hawke Labor: Superannuation introduced, 3% employer contribution, tax-free. • 1988 – Hawke Labor: 15% tax on contributions and 15% tax on earnings introduced. • 1996 – Howard Liberal: Super surcharge introduced, up to 30% for higher incomes over $70k (single) or $100k (family). • 2012 – Gillard Labor: Division 293 tax introduced, 30% on concessional contributions for incomes over $300k. • 2017 – Turnbull Lib
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