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Steven Hamilton

Super tax breaks can end aged care crisis

Neither Labor nor the Coalition have been honest about paying for aged care. Scrapping super tax perks for the rich kills two birds with one stone.  

I’m sure I wasn’t the only policy wonk with their eyebrows raised at the conclusion of Opposition Leader Anthony Albanese’s budget reply speech last week.

Of course, I had no issues with the five-point plan he laid out to address problems in aged care, like nursing coverage and food quality. They’re universally agreed upon and long overdue.

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Steven Hamilton is assistant professor of economics at George Washington University and visiting fellow at the Tax and Transfer Policy Institute at the ANU.

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    Original URL: https://www.afr.com/policy/tax-and-super/super-tax-breaks-can-end-aged-care-crisis-20220404-p5aar1