How superannuation tax concessions help the rich get richer
Follow The Money31 Heinä 2024

How superannuation tax concessions help the rich get richer

Super tax concessions make inequality worse and are at risk of becoming more expensive than the aged pension.

Superannuation tax concessions are meant to encourage saving for retirement, but the system is being gamed to help the wealthiest avoid paying tax. Australia Institute Chief Economist Greg Jericho joins Ebony Bennett on this episode of Follow the Money to bust some super myths and discuss what a fairer system should look like.

This discussion was recorded on Tuesday 30 July 2024 and things may have changed since recording.

australiainstitute.org.au // @theausinstitute

Guest: Greg Jericho, Chief Economist, the Australia Institute // @GrogsGamut

Host: Ebony Bennett, Deputy Director, the Australia Institute // @ebony_bennett

Show notes:

‘Who benefits? The high cost of super tax concessions’ by Minh Ngoc Le (June 2024)

‘Superannuation tax concessions are making inequality worse’ by Greg Jericho (July 2024)

Theme music: Pulse and Thrum; additional music by Blue Dot Sessions

You can see Professor Joseph E Stiglitz speak live in several cities across Australia as part of the Australia Institute’s 30th anniversary celebrations. Tickets are available via our website.

We’d love to hear your feedback on this series, so send in your questions, comments or suggestions for future episodes to podcasts@australiainstitute.org.au.

Support Follow the Money: https://nb.australiainstitute.org.au/donate

See omnystudio.com/listener for privacy information.

Jaksot(412)

Australia’s climate crossroads

Australia’s climate crossroads

With a leading role in this year’s United Nations climate conference, the Australian government has an opportunity to show genuine solidarity with its Pacific neighbours and climate-vulnerable communi...

11 Helmi 39min

"They rushed this": why the Reserve Bank got it wrong by raising rates

"They rushed this": why the Reserve Bank got it wrong by raising rates

With inflation driven by Christmas holidays and data centres for artificial intelligence, the RBA didn’t need to raise the interest rate this week, argues Matt Grudnoff. On this episode of Follow the ...

4 Helmi 29min

How Australia can chart its own course in an uncertain world

How Australia can chart its own course in an uncertain world

The Australian government can’t keep its head in the sand and hope the chaos of the Trump administration will just go away. Dr Emma Shortis and Greg Jericho join Glenn Connley to discuss how Australia...

28 Tammi 26min

Does the government understand its own hate laws?

Does the government understand its own hate laws?

The government passed new gun control and hate speech legislation in a special parliamentary sitting, but what impact will they have on Australian democracy? Amy Remeikis and Bill Browne join Ebony Be...

21 Tammi 33min

Parliament returning early to debate new anti-hate & gun laws

Parliament returning early to debate new anti-hate & gun laws

Richard Denniss discusses the government’s response to the Bondi terrorist attacks, the chaos of the Trump administration and how to protect Australia’s democracy. On this episode of Follow the Money,...

14 Tammi 41min

What can be done to fix the PALM scheme? | PALMed Off, Episode 4

What can be done to fix the PALM scheme? | PALMed Off, Episode 4

What would it take to make the PALM scheme a genuine win-win for Australia and its neighbours? In the fourth and final episode of PALMed Off, host Morgan Harrington canvases some of the proposed solu...

7 Tammi 12min

Is Australia failing its duty of care? | PALMed Off, Episode 3

Is Australia failing its duty of care? | PALMed Off, Episode 3

PALM visas holders do not get Medicare (outside of a trial limited to 200 people), so what happens when they are injured, get sick or fall pregnant? In episode three of PALMed Off, host Morgan Harrin...

7 Tammi 12min

Workers are people, not commodities | PALMed Off, Episode 2

Workers are people, not commodities | PALMed Off, Episode 2

Where do the thousands of people who have left the PALM scheme, but stayed in Australia, go? How do they survive without a valid visa and, more importantly, what does the future hold for them? In epi...

7 Tammi 12min

Suosittua kategoriassa Politiikka ja uutiset

uutiscast
aikalisa
politiikan-puskaradio
ootsa-kuullut-tasta-2
rss-ootsa-kuullut-tasta
tervo-halme
rss-vaalirankkurit-podcast
rss-pinnalla
rss-asiastudio
otetaan-yhdet
the-ulkopolitist
et-sa-noin-voi-sanoo-esittaa
rss-podme-livebox
rss-raha-talous-ja-politiikka
rss-kaikki-uusiksi
rss-tasta-on-kyse-ivan-puopolo-verkkouutiset
rss-ulkopoditiikkaa
aihe
rikosmyytit
rss-merja-mahkan-rahat