Super trooper
Veteran fund manager Geoff Wilson pushed attendees of the Economic Reform Roundtable to raise Labor's proposed super tax, as the prime minister reportedly mulls tweaks to the plan.
Jim Chalmers was never going to stand up after his Economic Reform Roundtable and announce he was ready to change his plan to tax superannuation balances above $3 million more heavily — including, controversially, unrealised capital gains.
Even so, veteran fund manager and Wilson Asset Management chairman Geoff Wilson was up for a fight.
Wilson has revealed to Capital Brief that he emailed all 50-plus participants on Monday 18 August, the day before the event, to ensure concerns about the super plan were front of mind. He also emailed Prime Minister Anthony Albanese.
Wilson, a fervent campaigner against Chalmers’ super plan, told attendees the changes “would undermine the very productivity outcomes we are all attempting to strengthen” and would “deliver the opposite of what this roundtable seeks to achieve”.
