Superannuation Updates

For many Australians, super is simply something that grows quietly in the background, managed by a large retail or industry fund. But for others, taking greater control through a Self-Managed Super Fund (SMSF) can open the door to more investment choices, greater flexibility, and tailored retirement planning.

Have you ever wondered if you're getting the most out of your superannuation?

Division 296 Super Tax (proposed to start 1 July 2026) is an additional 15% tax on superannuation earnings corresponding to the portion of an individual's Total Superannuation Balance (TSB) exceeding $3 million. For balances over $10 million, an additional 10% tax (25% total Div 296 tax) applies, with thresholds indexed to inflation.