Filter insights by:
Showing 10 of 10 content results

Division 296 tax has passed Parliament and will take effect from 1 July 2026

Client Alert

The Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 and Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026 were passed by the House of Representative on 5 March 2026, and subsequently passed through the Senate late on 10 March 2026, with no further changes and will take effect from 1 July 2026.

Simon Gow
Adriarnne Ede
| 3 min read | 12 Mar 2026

Latest update on Division 296 tax as we begin 2026

Client Alert

Treasury has released the most recent rework of the proposed Division 296 tax. Although it has provided some much-needed relief from the original draft, the rework now includes addition hurdles requiring careful planning and consideration.

Simon Gow
Adriarnne Ede
| 10 min read | 04 Feb 2026

Government unveils overhaul of superannuation tax reform proposal

Client Alert

Treasurer Jim Chalmers has announced a significant rework of the Federal Government’s stalled superannuation tax increase proposal following widespread review from industry and stakeholders.

Simon Gow
Paul Banister
Adriarnne Ede
| 7 min read | 13 Oct 2025

Findings from the Class Annual Benchmark Report 2025

Client Alert

Recent data from the Class Annual Benchmark Report 2025 reveals a powerful trend, which has seen Australians – especially younger generations – increasingly turning to Self-Managed Superannuation Funds (SMSFs) to take control of their financial futures.

Simon Gow
Adriarnne Ede
| 5 min read | 01 Oct 2025

Tackling the gender super gap: Bill introduced to allow superannuation splitting

Client Alert

The Superannuation Legislation Amendment (Tackling the Gender Super Gap) Bill 2025 presents the opportunity to evenly split superannuation balances amongst spouses.

Simon Gow
Adriarnne Ede
| 4 min read | 19 Sep 2025

Division 296 demystified and examples of its potential impact

Insight

While the Division 296 tax is still yet to be legislated, it’s looking likely the tax will be introduced. For individuals who may be impacted by the change, it’s critical to understand how different scenarios might play out and what they should consider.

Adriarnne Ede
Simon Gow
| 6 min read | 26 Jun 2025

Likely the Division 296 tax bill will be reintroduced and passed

Client Alert

Following the recent election victory of the Labor Party, it’s likely the Division 296 tax bill will be reintroduced and passed. The results saw government win the control of the House of Representatives as well as the Senate, which will also be controlled with the help from the Greens.

Simon Gow
Adriarnne Ede
| 4 min read | 14 May 2025

Tax on superannuation death benefits

Insight

Having funds in superannuation is a great financial structure from a tax perspective. Despite this being a great vehicle to invest your money, you should be aware of the potential tax that applies to certain beneficiaries of your super upon your death.

Simon Gow
Adriarnne Ede
| 5 min read | 01 Apr 2025

Update on the proposed Superannuation Division 296 tax

Client Alert

The Labor Government hasn’t secured the necessary crossbench support to pass its proposed tax on superannuation accounts exceeding $3m. 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.

Simon Gow
| 2 min read | 28 Nov 2024

Introduction of $3m Super Tax Bills effective 1 July 2025

Client Alert

The Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other Measures) Bill 2023 and the Superannuation (Better Targeted Superannuation Concessions) Imposition Bill 2023 were introduced in the Parliament of Australia yesterday, 30 November 2023.

Simon Gow
Adriarnne Ede
| 3 min read | 01 Dec 2023

Webinars

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

Get in touch

Simon Gow

Simon Gow

Partner & National Head of Self-Managed...
Perth
View full profile
Adriarnne Ede

Adriarnne Ede

Director
Melbourne
View full profile
Stephen Borgna

Stephen Borgna

Partner
Cairns
View full profile
    View All Experts

    Learn more about our services

    Superannuation and SMSF

    Superannuation and SMSF