Fed: Treasurer says super age threshold could change

AAP General News (Australia)
02-02-2006
Fed: Treasurer says super age threshold could change

PETER COSTELLO's left the door open .. on raising the age limit for workers receiving
a tax break on superannuation contributions.

Superannuation industry figures want the age limit of 70 abolished .. as more people
are opting to stay in paid work .. and are continuing to contribute to their super into
their late 70s and beyond.

Mr COSTELLO says he doesn't want to encourage people to use super as a low-tax way
of building an estate for their children.

But he's told Southern Cross radio today .. he thinks it is possible the threshold
could change along with work trends.

AAP RTV pjo/rj/tm

KEYWORD: COSTELLO SUPER (CANBERRA)

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