Update on the proposed Superannuation Division 296 tax

As of the most recent sitting of Parliament this week, the Bill has not been included in the government's list of priority legislation, raising questions about its viability and the likelihood of it being enacted into law.

With only one more parliamentary sitting scheduled in February before the next Federal Election, the future of the proposed tax remains uncertain. It appears increasingly unlikely the Bill will be introduced in its current form by 1 July 2025. 

As always, we are here to support you with your superannuation and retirement planning, so please reach out to your relationship Partner if you have any questions on this proposed tax and your broader planning.

Tue, February 25, 2025

Div 296 webinar: key insights and what it means for your superannuation planning

Register now