Superannuation tax concessions benefit the rich: Committee for Economic Development of Australia

By Gareth Hutchens
Updated September 1 2015 - 1:18am, first published 12:15am
Treasurer Joe Hockey argued earlier this year that people ought to be able to use their super savings to buy their first homes. Photo: Louie Douvis
Treasurer Joe Hockey argued earlier this year that people ought to be able to use their super savings to buy their first homes. Photo: Louie Douvis

Superannuation tax concessions are benefiting the rich and are being used as tax mitigation measures, rather than to encourage retirement savings, one of Australia's most respected think tanks has warned.

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