Super Balance
EEA Advisory articles tagged Super Balance.
Should you set up an SMSF in 2026? The balance thresholds where running costs actually stack up
In 2026, an SMSF remains attractive for those with at least two hundred thousand dollars in super, providing hands-on control and investment flexibility. Below this level, fixed running costs can outweigh the benefits of an SMSF. As your balance moves above three hundred thousand dollars and closer to five hundred thousand, the cost gap narrows compared to APRA-regulated funds. New legislation introduces additional tax on large super balances, prompting trustees to carefully balance running costs with tax implications.
Division 296 tax explained: how the new $3 million super cap hits SMSF members from 2026
Division 296 tax will change the way high balance SMSF members manage their super. From 1 July 2026 an extra tax will apply to earnings on balances above three million dollars and a further rate above ten million dollars. The measure is applied to individuals and paid from the super account in most cases. This article explains the rules in plain language and outlines planning steps for trustees before the first assessments arrive.
What Australian Business Owners Should Know About Labor’s Tax on Unrealised Super Gains
Labor’s proposed tax on unrealised super gains over $3 million could reshape retirement planning and asset management for business owners. Understand the risks, responses, and how to prepare.
Beyond the Basics: Maximizing Your Superannuation for a Comfortable Retirement
Introduction: In the ever-evolving financial landscape, superannuation stands as a beacon for those gearing up for retirement. While the basics are familiar to many, delving deeper can unveil strategies to truly maximize your superannuation’s potential. Ready for a deeper dive? Let’s embark! Why Focus on Superannuation?: Superannuation is more than just a mandatory retirement savings
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