Anthony Albanese, Jim Chalmers announce tax changes to superannuation accounts with over $3m

Karen Barlow
Adrian Rollins
Updated February 28 2023 - 8:37pm, first published 1:00pm

The federal government will double the tax rate paid by Australians with superannuation account balances worth more than $3 million, in a move the Treasurer says is about budget repair.

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Karen Barlow

Karen Barlow

Chief Political Correspondent

Karen Barlow is ACM's Chief Political Correspondent. Working in the federal press gallery, she investigates and writes about federal politics and government. She has an interest in integrity, leadership and social equity. She has covered two Olympics and been to Antarctica twice. Contact her on

Adrian Rollins

Adrian Rollins


Adrian Rollins is economics correspondent for the Canberra Times

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