Labor knocks "exclusive" super tax relief

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AUSTRALIA - Nick Sherry, shadow minister for finance and superannuation, has denounced the government's Budget decision to scrap the super surcharge as an "exclusive tax cut" set to benefit less than 5% of the population.

Sherry criticised the lack of tax cuts for everyone, not just high-income earners. “The government is correct when it says it ‘will provide a significant boost to the superannuation savings of A...

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