Chalmers Backflips on Super – Common Sense or Damage Done?The Treasurer’s done a U-turn and it’s shaking up Australia’s super system.Back in May, Jim Chalmers announced plans to tax unrealised gains on super balances over $3 million. Fast forward to October, and he’s walking it all back. No tax on unrealised gains. The $3 million cap is now indexed. But the damage to public trust? That’s another story.In this episode, Matt McCabe breaks down: 💥 What’s changed and why it matters 💥 The new 30% and 40% tax tiers 💥 How younger Aussies were almost dragged into the “rich list” 💥 Why this backflip proves the super system is political football 💥 What smart investors and retirees should do next🎧 Listen now to hear why this “win” for common sense might have come too late for everyday Australians. Hosted on Acast. See acast.com/privacy for more information.

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