Division 296 Superannuation Tax Update

Legislation passing the Government’s Division 296 tax, which would introduce an additional 15% tax on superannuation earnings for individuals with total super balances exceeding $3 million, has now been passed by both houses of Parliament and as such is expected to become law

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Cristy Houghton
Payday Super: What employers need to know

From 1 July 2026, a major change to Australia’s superannuation system takes effect. Known as Payday Super, the reform changes when employers must pay Superannuation Guarantee (SG) contributions — moving from quarterly payments to payment in line with each pay cycle.

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Cristy Houghton