From 1 July 2026, Division 296 introduces a significant change to the way superannuation earnings are taxed for individuals with larger superannuation balances. If your Total Super Balance (TSB) is above, or even approaching, $3 million, now is the time to understand how the new rules may affect you and begin planning accordingly. What's changing? Division 296 introduces an additional tax on earnings attributable to higher superannuation balances. Total Super Balance between
