The Australian Government has confirmed major revisions to the proposed superannuation tax on balances over $3 million. Crucially, the plan now targets realised earnings only, removing the controversial tax on unrealised gains.

The revised two-tier system introduces a 30% effective rate for balances between $3M and $10M, and 40% for amounts above $10M, with both thresholds now indexed to inflation. The new proposed start date is 1 July 2026.

The way Australian employers pay superannuation is set for its biggest shake-up in decades. The Federal Government has just introduced the Payday Super legislation — a bill that, if passed, will require businesses to pay super at the same time as wages from 1 July 2026. Here’s what you need to know about what’s changing, how it impacts your cash flow, and how to prepare your payroll systems ahead of time.

A couple in their late 40s approached Alexander Spencer with the goal of gaining more control over their investments and exploring property acquisition through a Self-Managed Super Fund (SMSF). The wife runs a successful beauty business, while the husband is less involved in the business but is highly interested in investing in shares and cryptocurrency.

A Self-Managed Superannuation Fund (SMSF) is a private super fund that provides individuals with complete control over their retirement savings. Unlike traditional super funds, SMSFs allow members—who typically also serve as trustees—to make personalised investment decisions. This flexibility is appealing to many Australians, though it comes with increased responsibility and compliance requirements.