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The Coonamble Times

The Coonamble Times

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Local News | Paid

Proposed super tax will be disastrous for farm families

01/08/2025 by The Coonamble Times

Photo: Retired accountant Geoff Secombe has added his voice to the campaign against the Albanese government’s proposed superannuation tax changes.

“There is no basis on which this tax in a good idea,” says retired Coonamble-based accountant Geoff Secombe of Labor’s proposed Super Tax could put farming families at risk.

Currently, assets in super funds are charged at a tax rate of 15 per cent. Labor’s proposal would see a 30 per cent tax rate on the earnings of people who have a super balance above $3 million . . .


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51 Castlereagh St,
Coonamble NSW

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