If we want true tax reform we need to start with changes for the lowest balances, not the highest.

After the Albanese government’s landslide return to government all eyes have been on tax reform and in particular, a proposal to trim tax concessions for the 80,000 Australians with balances over $3 million.

Most of the 1.2 million Australians who miss out on tax concessions are women earning between $37,000 and $45,000.Credit: Karl Hilzinger

In the frenzied debate over the changes to tax concessions for this small group, commentators, news outlets and politicians continue to make noise over what is “fair”.

At the same time, we keep hearing calls for more ambitious tax reform policy that achieves two aims – to help the economy recover and, again, to strike a balance that’s fair.

So while everyone focuses on the super balances of........

© The Age