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Walshs

Walshs

One of Queensland’s leading financial planning, accounting and lending firms for medical and private clients. Providing accounting, mortgage broking and strategic financial planning advice.

T: 61-7-3221 5677
Email: enquiries@walshs.com.au

Walshs
Level 24/10 Eagle Street, Brisbane QLD 4000

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Tag: superannuation changes Australia

DIVISION 296 TAX and australian cash under a magnifying glass
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Walshs Internal
Friday, 17 October 2025 / Published in Articles, Business, Walshs Blog

Division 296 Updates: What high-balance superannuation members need to know

Significant changes have been announced to the Government’s proposed Division 296 tax on superannuation earnings, which will particularly affect individuals with super balances above $3 million. For many Australians who have built significant retirement savings—particularly through self-managed superannuation funds (SMSFs)—understanding these changes is essential. On 13 October 2024, Treasurer Jim Chalmers announced key adjustments aimed
Australian superannuation reformCPI indexation superdefined benefit pensions AustraliaDivision 296 taxfinancial planning SMSFhigh net worth retirementJim Chalmers super taxretirement tax strategySMSF tax planningsuper tax thresholdssuperannuation changes Australiasuperannuation earnings taxtax on large super balancesWalshs financial advicewealth management Australia

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  • PHONE: 61-7-3221 5677
  • FACSIMILE: 61-7-3221 5744
  • EMAIL: enquiries@walshs.com.au
  • MORTGAGE BROKING: lending@walshs.com.au

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  • OFFICE: Level 24/10 Eagle Street, Brisbane City, QLD 4000
  • POSTAL ADDRESS: GPO Box 12, Brisbane QLD 4001
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