Who wins from the super slash?
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Today, Treasurer Scott Morrison unveiled a compromise deal on superannuation changes.
The changes include ridding of the $500,000 lifetime cap on non-concessional contributions and lowering the existing $180,000 annual cap to $100,000.
The Coalition hope these changes will win over the back bench and ultimately, the Senate.
Brendan Coates, fellow at the Grattan Institute and Author of “A better super system: Assessing the 2016 tax reforms” explained the changes to us.
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