The Australian Government has backed down on its controversial superannuation tax plan, following long-running criticism from key industries.

Treasurer Jim Chalmers announced the surprise decision today, one week after Prime Minister Albanese claimed the plan was going to remain unchanged. 

Australian correspondent Oliver Peterson says these changes have been met with support from Australians.

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The Australian Government has backed down on its controversial superannuation tax plan, following long-running criticism from key industries.
Treasurer Jim Chalmers announced the surprise decision today, one week after Prime Minister Albanese claimed the plan was going to remain unchanged.&nbsp;
Australian correspondent Oliver Peterson says these changes have been met with support from Australians.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Oliver Peterson: Australian correspondent on the Australian Government backing down on superannuation tax plan

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/c9990f6d-6540-4a9b-a200-b3750048a863/transcript

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