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Super tax concessions don't cost $45 billion a year and won't cost more than the pension

  • Written by: Andrew Podger, Honorary Professor of Public Policy, Australian National University
Super tax concessions don't cost $45 billion a year and won't cost more than the pensionShutterstock

You may have read this week that Australia’s super tax breaks are excessively generous (“well beyond any plausible purpose”) and that their costs unsustainable.

The claim came from a Grattan Institute report, Super savings. But is it realistic?

The figures quoted – A$45 billion a year or 2% of GDP “and set...

Read more: Super tax concessions don't cost $45 billion a year and won't cost more than the pension

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