Scott Morrison axes $500,000 cap as part of superannuation compromise

By James Massola
Updated September 15 2016 - 7:08pm, first published 6:49pm
Treasurer Scott Morrison addresses the media at Parliament House on Thursday. Photo: Alex Ellinghausen
Treasurer Scott Morrison addresses the media at Parliament House on Thursday. Photo: Alex Ellinghausen

Treasurer Scott Morrison has unveiled a compromise deal on superannuation changes that dumps one of the most controversial elements of the "ironclad" policy and saves an extra $180 million.

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