Chalmers says Labor will push ahead with delayed super tax plan despite Spender urging rethink

Jim Chalmers says Labor will push ahead with delayed changes to tax treatment for superannuation accounts worth more than $3m, stressing the moves are modest and will apply to politicians and public servants on defined benefit schemes. The plan also includes tax on unrealised gains from assets including small businesses, farms and shares held in self-managed retirement accounts. Independent MP Allegra Spender on Wednesday called on the treasurer to rethink the changes, even as she conceded Labor had a mandate to press ahead. Public servants, politicians and judges are among defined benefit recipients. But the complicated rules of defined benefit retirement schemes have been a challenge for the design of the laws.