Superannuation Tax Changes: The $3 Million Cap & Division 296 – 2026 Guide

From July 2026, Division 296 imposes a 15% tax on earnings above $3M super balances. This definitive guide helps South Australian SMSF investors, family business owners, and farmers navigate the new rules, explains liquidity risks for property and shares, and outlines practical strategies like Spousal Equalization, Family Trusts, and careful retirement planning to protect wealth and retirement plans.