SMSF Association Submission – Treasury Laws Amendment (Better Targeted Superannuation Concessions) Bill 2025

In our view, the practical changes to the policy announced by Government in October 2025 provide a more appropriate method of calculating superannuation earnings. However, our submission highlights several matters which require further consideration.

We understand the intent of the policy is to reduce the taxation concessions available to individuals who have large superannuation balances. We also understand the need to balance simplicity and equity and how the pursuit of simplicity can often give rise to niche or small cohorts of individuals who may encounter some level of unfairness.