CANBERRA, ACT, Oct. 13 -- The Treasurer of Australia issued the following transcript:
Note
Subjects: reforms to support low‑income workers and build a stronger super system
Kieran Gilbert:
Jim Chalmers joins us now, I have to get straight to him. It's a big deal, this. You've rewritten basically the tax plan on superannuation. Can I just get clarity? You've abandoned the taxing of unrealised gains. Why is that?
Jim Chalmers:
We've made about half a dozen changes today. And these are practical, pragmatic changes which deliver on the same objectives, which is to make superannuation tax concessions fairer and to deliver more super for low‑income earners. And the change in the calculation from unrealised to realised gains is j...