Assistant Treasurer Stephen Jones will announce changes to close a loophole.
Financial Services Minister Stephen Jones says without a clear and shared objective for super,proposals to access it early will keep coming back “like a Mariah Carey single at Christmas”.
Small businesses owed the tax office nearly $12 billion in unpaid tax - the majority of $33.4 billion owing.
The superannuation industry is under continuing pressure to merge small funds into large ones. But the government,and small funds,argue there is a case to be small.