WOMEN AND YOUNG PEOPLE AMONG THE BIGGEST BENEFICIARIES OF LISTO REFORMS

CANBERRA, ACT, Oct. 14 -- The Treasurer of Australia issued the following media release:

Our reforms to the low income superannuation tax offset will help deliver a more secure retirement for more than a million Australians, including hundreds of thousands of young people and women.

We are making the super system fairer from top to bottom.

The majority of people who will benefit from changes to the low income superannuation tax offset (LISTO) are women.

Every dollar we help women save for retirement matters, it's how we make the economy fairer and ensure women aren't left behind.

We are boosting the LISTO by $310 to $810 and will raise the eligibility threshold from $37,000 to $45,000 from 1July 2027.

Because of these changes, around ...