From 1 July 2025, significant changes to the taxation of superannuation balances exceeding $3 million will take effect in Australia. These reforms will impact many high-net-worth individuals, particularly those with substantial property investments through their superannuation. As a property owner or investor, understanding these changes is crucial for effective financial planning. Understanding the New Super Tax Framework The Current vs New Tax Structure Currently, earnings within superannuation funds are taxed at a concessional rate of 15%, regardless of the balance size. This has made superannuation an attractive vehicle for wealth accumulation, particularly for property investors utilizing Self-Managed Super Funds (SMSFs). Under the new legislation introduced through the Treasury...