Senate debates
Wednesday, 8 March 2023
Questions without Notice
Superannuation: Taxation
2:00 pm
Katy Gallagher (ACT, Australian Labor Party, Minister for the Public Service) Share this | Hansard source
I thank Senator Payne for the question. I'm not sure I have the exact number with me. I will come back to the Senate with it. But, as I've said a number of times this week, we expect the very modest change that we have announced in relation to lowering the concessional rate for tax concessions for balances over $3 million will affect around 80,000 individuals when it comes into effect, and, of that, there is certainly a proportion which are self-managed super funds. I'll see if I can find the exact number for Senator Payne during question time today.
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