From financialstandard.com.au: Debate over the $3 million super tax is overshadowing the critical challenges faced by low-income earners, especially regarding the Low-Income Super Tax Offset (LISTO) which lacks necessary updates.

Young workers, particularly women and those in various industries, are penalized due to stagnant LISTO thresholds, leading to significant financial losses and gender disparities in superannuation benefits.

Raising the LISTO threshold would help address these inequities and provide much-needed support to low-income Australians.