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Thursday, 15 June 1989
Page: 4084


Senator HARRADINE(12.11) -Mr Chairman, I seek clarification. I refer to a letter dated 11 August 1988 to me on the letterhead of the Treasurer and signed by Peter Morris, the Minister Assisting the Treasurer, in respect of the superannuation taxation question. The Minister stated to me as follows:

Changes to the tax treatment of superannuation were announced in the May Economic Statement but the reforms announced will generally not result in any reduction in after tax benefits for superannuation fund members.