Australia's Division 296 superannuation tax reforms are coming July 2026, affecting balances over $3 million. We explore what changed in October's updates and what high-net-worth individuals should do now to prepare for these significant retirement rule changes.For more information, visit https://www.approvedfp.com.au/services/retirement-planning
Welcome back everyone. Today we're examining something that's been making waves across Australia - the government's latest superannuation reforms, particularly this Division 296 tax that's got everyone talking. I'm joined by a financial planning expert who's been helping clients understand these changes. So, let's start with the big picture - what exactly did the Australian government change back in October? Approved Financial Planners Pty Ltd City: Floreat Address: 7/437 Cambridge St, Website: https://approvedfp.com.au