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03 March 2023 • By Jon Bragg • 1 min read

APRA responds to feedback on changes to super reporting standards

The prudential regulator has proposed amendments to reporting standards introduced under Phase 1 of its multi-year Superannuation Data Transformation

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Super balance cap to impact more Aussies than initially estimated by Labor

The FSC and Plato Investment Management have both argued for indexation of the federal government’s superannuation balance cap. On Tuesday, ...

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Labor’s super tax changes receive mixed reaction

While some have welcomed the changes as a step towards fairness and sustainability in the super system, others have accused the government of shifting ...

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Super balances over $3m to be taxed at 30%

The Treasurer has confirmed Labor will double tax rates paid by those with over $3 million in their super despite stating just days earlier that no ...

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Financial market volatility drives a decline in super assets

APRA has released its superannuation statistics for the December quarter. New data from the Australian Prudential Regulation Authority (APRA) has ...

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ASIC takes Mercer Super to court over alleged greenwashing

The regulator has launched its first court action against alleged greenwashing conduct. The Australian Securities and Investments Commission (ASIC) ...

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PM walks back pre-election promise on super, insists no decisions have been made yet

The federal government has been accused of breaking a pre-election commitment after hinting that a cap on super balances could soon be introduced

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Australian retirement system ‘best in the world’

Association of Superannuation Funds of Australia (ASFA) research shows that the Australian retirement income system is outstripping its OECD peers

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Jones calls for consensus on super after potential $3m cap meets backlash

The government is seeking to establish a consensus by legislating an objective of super, but hints of a potential $3 million super cap have proved to ...

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Groups call for expanded access to offenders’ super for all victims of serious crimes

Proposals to allow victims and survivors of child sexual abuse to access offenders’ super should be expanded, according to a group of professional ...

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