Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 5-Feb-25

The federal government’s legislation to double the tax rate for superannuation funds with balances exceeding $3m requires the support of the Greens and at least three Senate crossbenchers. Lydia Thorpe and Fatima Payman are expected to support the bill, while Jacqui Lambie and David Pocock firmly oppose it. The support of Tasmanian independent Tammy Tyrell will therefore be crucial; however, she has rejected a deal to back the bill in retun for a commitment to proceed with a proposed ban on debit and credit card surcharges. Tyrell and a number of other crossbenchers are particularly concerned about the proposal to tax the unrealised gains of super funds. One Nation opposes the entire bill.

CORPORATES
AUSTRALIAN GREENS, ONE NATION PARTY