News : Superannuation

Superannuation, Tax

Earnings tax to affect 500,000

Superannuation earnings tax

The number of superannuation fund members impacted by changes to earnings tax will be six times larger than predicted without indexation.

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Estate Planning, Superannuation

Super use in tax estate planning overstated

superannuation tax estate planning

Claims superannuation is being used for tax-based estate planning are incorrect and reflect a misunderstanding of the super tax system.

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Superannuation, Tax

Super tax details a mixed blessing

superannuation earnings tax

A fact sheet outlining how the government will further tax earnings in superannuation balances over $3 million contains mixed results for SMSFs.

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Superannuation, Tax

‘Earnings’ not assessable income

superannuation earnings

The concept of earnings pertaining to the proposed 30 per cent tax for superannuation balances over $3 million is different to assessable income.

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Superannuation

Higher tax rates for super

30 tax large superannuation balances

The government will introduce a 30 per cent concessional tax on superannuation balances above $3 million from the 2026 financial year.

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Superannuation, Tax

Super tax changes shift goalposts

superannuation tax rate

A government plan to introduce a higher tax rate for superannuation balances over $3 million adds to uncertainty around investing for retirement.

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Superannuation

CEO leaves association in strong state

SMSF Association John Maroney

The SMSF Association is in a very healthy state and poised for a strong and prosperous future, according to outgoing chief executive John Maroney.

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Superannuation

SMSFA awards its first life membership

SMSF Association life membership

The SMSF Association has marked its 20th anniversary by awarding the body’s first life membership to former chief executive Andrea Slattery.

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Retirement, Superannuation

Super objective shows government’s hand

Superannuation objective intentions

The government has revealed its true intentions toward the pool of retirement savings in its campaign to have the objective of super legislated.

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Superannuation

Using super for housing is lazy thinking

superannuation housing

Calls for super to be used for housing is a recycled debate stemming from the poor policy decisions and lazy thinking of previous governments

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