This week, the federal government dramatically re-wrote its signature tax policy. 

The changes mean that a small section of people with very high super balances will pay less tax.

That backflip has big consequences – for the government's budget, and for its commitment to addressing wealth inequality in this country. 

Today, press gallery journalist Paul Bongiorno, on why the government caved to pressure from outside, and within, its own ranks.

 

If you enjoy 7am, the best way you can support us is by making a contribution at 7ampodcast.com.au/support.

 

Socials:Stay in touch with us on Instagram

Guest: Press gallery journalist Paul Bongiorno

Photo: AAP Image/Darren England

This week, the federal government dramatically re-wrote its signature tax policy.&nbsp;
The changes mean that a small section of people with very high super balances will pay less tax.
That backflip has big consequences &ndash; for the government's budget, and for its commitment to addressing wealth inequality in this country.&nbsp;
Today, press gallery journalist Paul Bongiorno, on why the government caved to pressure from outside, and within, its own ranks.
&nbsp;
If you enjoy 7am, the best way you can support us is by making a contribution at&nbsp;<a href="http://7ampodcast.com.au/support">7ampodcast.com.au/support</a>.
&nbsp;
Socials: Stay in touch with us on <a href="http://www.instagram.com/7ampodcast">Instagram</a>
Guest: Press gallery journalist Paul Bongiorno
Photo:&nbsp;AAP Image/Darren England

An independent daily news show. We feature the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

An independent daily news show. We feature the country&rsquo;s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

A daily news show from the publisher of The Monthly and The Saturday Paper.

A daily news show from the publisher of The Monthly and The Saturday Paper. Hear from the country’s best reporters, covering the news as it affects Australia. This is news with narrative, every weekday.

Why Chalmers backtracked on big super balances

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/9403ced6-66a4-4222-bd8b-b3790060bab7/transcript

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