May 2026

The May 2026 Federal Budget did not bring major direct changes to superannuation, but it did shake up the tax system overall with the biggest changes since the Keating years. In relation to Self Managed Superannuation Funds (“SMSFs) the announcements were rather positive as the Div296 taxes were already introduced. The fallout from the announcement…

For the last few years the government has been pushing SuperStream and other reforms as a way for members to easily “super switch”. That is, you can leave one fund and join another in a much more seamless way than before. The Australian Taxation Office has been a key driver of this, with initiatives like…

From 1 July 2026, the way super gets paid is changing. No more waiting until the end of the quarter. No more 28-day grace periods. Super will now be paid at the same time as wages. What’s Actually Changing? Under the new rules, employers must pay Super Guarantee (SG) at the same time as wages.…