A new report reveals Australia’s tax system disproportionately benefits older Australians compared to younger individuals earning the same gross income. The findings indicate current policy settings create vastly different financial outcomes based solely on age. This inequity stems from tax concessions and superannuation policies favouring those further along in their careers and closer to retirement. The report suggests the system effectively subsidizes older Australians while placing a greater financial burden on younger workers. Experts warn this disparity could exacerbate existing generational wealth gaps and create long-term economic consequences. The study calls for a review of tax and superannuation policies to ensure a fairer system for all age groups.