Tim Wilson is hiring for an indefatigable campaign manager to defeat Labor’s super tax. The stakes are high: he says the tax will kill Australia’s innovation by “stopping investment in growth sectors … it will hit technology and finance start-ups especially hard”.
But if Australia’s aspiration can be killed by a move to reduce a tax concession on some 80,000 super accounts with balances over $3 million, then our aspiration is far too small.