Greg Jericho

Remember the changes only apply to super balances above $3m. And people with more than $3 million in super have an average income of $381,000, so they are pretty cash rich as well.

And also remember the changes will not actually mean most people even with more than $3m will have to pay much more in tax.

Under the govts changes if you have a $3m super balance and it goes up 10% to $3.3m you will have to pay just $4,091 in tax – a mere 0.9%

If someone with $3m in super can’t find $4,091 in cash, then their problems are not with the govt’s tax changes but their own way of managing finances.