Fact sheet – Lift the LISTO

LISTO is a fairness measure set up to address the fact that lower-income workers don’t get the same super tax benefit as most other workers. Unlike most other workers, without LISTO the rate of tax these workers pay on their super would be similar to the rate of tax they pay on their income.

LISTO is no longer achieving its purpose. It has not changed since its introduction in 2012 and has not kept up to date with changes to tax brackets and super contribution amounts.