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Division 296 Tax: Changes to super tax on high balances – What it means for you

The Government’s reforms to superannuation taxation (via the proposed Better Targeted Superannuation Concessions Bill) introduce a major shift in how investment earnings in super will be taxed for individuals with large balances. Key components (as at October 2025) include: In simple terms: for individuals with very large super balances, investment returns in their super will…

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