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Asset rich, cash poor: claim that new “super tax” will hurt the family farm

1 min read

Asset rich but cash poor – it’s so often the financial state of Australian farmers, and it should be considered by the Federal Government in implementing changes to superannuation laws that passed the House of Representatives recently.

NSW Farmers Business Economics and Trade Committee Chair, John Lowe, said the changes to the Treasury Laws were set to impose new taxes on unrealised gains in ...


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