30/04/2026
If your superannuation balance exceeds $3 million, you're now in the sights of Division 296, a new additional 15% tax on earnings linked to that portion of your super.
That may sound manageable on paper. But when you factor in unrealised gains, illiquid SMSF assets like property, and the compound effect over years? The impact is significant.
Here's what we're seeing from clients right now:
🔹 SMSF members with property inside their fund are facing tax on paper gains they haven't actually received
🔹 Retirees unsure whether to wind back contributions or restructure altogether
🔹 Couples with combined balances are suddenly in scope when they thought they weren't
Division 296 isn't just a super problem; it's a wealth structure problem.
The families navigating it best aren't simply reducing their super. They're redistributing wealth into complementary structures, like Family Protection Trusts or testamentary frameworks, so their overall position remains tax-smart, protected, and generationally sound.
At RLH Advisory, our approach is always strategy-first. That means:
✅ Understanding your full picture, not just your super balance
✅ Modelling how Division 296 affects your retirement projections
✅ Identifying structures that reduce your exposure without dismantling what you've built
✅ Coordinating with your accountant and financial adviser so every recommendation is implementable
The goal isn't to react to new legislation. It's to build a structure resilient enough that legislation changes don't derail your legacy.
If your super balance is approaching or exceeding $3 million, now is the time to get proactive. Book a confidential 15-minute strategy call with our team today.
