Significant changes announced to Division 296 tax proposal Titelbild

Significant changes announced to Division 296 tax proposal

Significant changes announced to Division 296 tax proposal

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On 13 October 2025, the Treasurer announced significant changes to the yet to be legislated Division 296 tax rules – which proposes to tax the earnings attributable to a person’s total super balance over $3m at higher rates.

In this podcast we discuss the proposed changes, what they could potentially mean for impacted members and funds, and outstanding uncertainties where further clarity is needed.

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