Super Update – Division 296 Exposure Draft
Division 296 Exposure Draft: What You Need to Know On 19 December 2025, the Treasurer released the Exposure Draft for Division 296, with a short consultation period closing on 16 January 2026. While this has attracted attention due to both its timing and scope, it is important to note that this is draft legislation only […]
Super Update – EOFY 2025
Super EOFY 2025: What You Need to Know As we approach 30 June 2025, it’s time to check in on your superannuation strategy. Whether you’re looking to maximise contributions, time a non-concessional contribution bring-forward arrangement, or prepare for the new $2 million Transfer Balance Cap, there are several important rules and deadlines to keep in […]
Super and Division 296 Tax – Don’t Throw the Baby Out with the Bathwater
Super and Division 296 Tax – Don’t Throw the Baby Out with the Bathwater With the Labor Party re-elected, Treasurer Jim Chalmers remains adamant that he will proceed with Division 296, the new tax measure targeting larger super balances. The recent budget included revenue expected to be generated from Division 296 tax starting in the […]
Super Update: What You Need to Know for 2024-2025
Superannuation Updates: What You Need to Know for 2024-2025 In this update, we cover the latest changes to contribution caps, eligibility criteria, and strategies to maximise your super. Whether it’s concessional contributions, non-concessional contributions, or specialised strategies like downsizer and catch-up contributions, there’s an opportunity for everyone to boost their retirement savings. Contribution strategies 2024-2025 […]
Super EOFY 2024 Update
SMSF to-do list prior to 30 June 2024 As the financial year is almost over below a few reminders to ensure you have completed your super to-do list. All super contributions must be banked into your super fund before 30 June 2024 to be counted as a contribution for this financial year. Below are the most […]
Upcoming Changes to Contribution Caps
As we approach July 1, 2024, concessional and non-concessional contributions are set to undergo changes with increased caps coming into effect. These increases hold significant implications for contribution timing and pension commencement planning. In this article, we’ll explore the revised limits and their potential impact, to help you understand the changes, and if they impact […]
