Peter Martin is the Economics Editor for The Age.
Limiting the amount anyone could contribute out of their own money into tax-advantaged super on top of employer contributions was never retrospective, but those who thought it was can relax. The government is imposing a limit by another means.
For all his talk last year about explaining complex issues and building a case, Malcolm Turnbull has done it rarely.
Twenty five years on from Australia's last recession, there's no sign of a downturn and economic growth is accelerating.
Treasurer Scott Morrison has ramped up the war on dissidents in his own party over over superannuation, distributing a briefing paper portraying those hurt by his budget measures as high-income tax minimisers.
The Grattan Institute has identified superannuation as the most important test of Malcolm Turnbull's leadership.
Asked why it had backed down, the ATO said though a spokeswoman it had made a political judgement.
The Turnbull government has been accused of extending Australia's "book drought" by sitting on draft legislation designed to give blind, partially sighted and dyslexic Australians the same sort of access to audio and braille books that's available overseas.
Now he tells us. Within days of his appointment as treasurer last year Scott Morrison rashly assured us he faced "a spending problem, not a revenue problem".
One year into his job as treasurer, Scott Morrison has conceded that he does have a revenue problem after all, and delivered a stirring defence of... not that much.
Senate powerbroker will move next week to upend the traditional contract between the treasurer and the governor of the Reserve Bank.
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