On 5 April The Tax Institute issued a media release: ‘Reform of Excess Superannuation Contribution Laws Welcomed’ regarding the Federal Government’s superannuation announcements.
On 6 April The Tax Institute was quoted in the Weekend Australian Financial Review: ‘Super reforms to only hit concessional contributions’ and in the SMH/Age: ‘Super industry gets out the claws, but happy with result’ with regards to the superannuation announcements.
On 8 April Senior Tax Counsel, Robert Jeremenko, was interviewed live on Sky Business television with regards to the announced super reforms.
The Tax Institute was again quoted on 8 April in SmartCompany: ‘Super changes could affect those with $500,000 in accounts: experts warn’ regarding the announced super reforms.
On 12 April The Tax Institute was quoted in the Australian: ‘$1bn tax hike on long-term savings’ regarding tax proposals that will be included in the budget even if there is no certainty about when or whether they become law. In the article we say that all changes to tax law needed to be carefully considered.