Superannuation caps won't mend the budget

By Matthew Knott
Updated November 23 2015 - 5:09pm, first published 4:51pm
New findings suggest Australia should address concessions that benefit the wealthy, says Greens Treasury spokesman Adam Bandt. Photo: Andrew Meares
New findings suggest Australia should address concessions that benefit the wealthy, says Greens Treasury spokesman Adam Bandt. Photo: Andrew Meares

Putting a lifetime cap on superannuation contributions, an idea under consideration by the Turnbull government, would do little to repair the budget and could potentially blow out the deficit, according to new modelling.

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