{"id":476770,"date":"2026-02-13T06:40:10","date_gmt":"2026-02-13T06:40:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/476770\/"},"modified":"2026-02-13T06:40:10","modified_gmt":"2026-02-13T06:40:10","slug":"labors-superannuation-reforms-get-the-balance-right","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/476770\/","title":{"rendered":"Labor&#8217;s superannuation reforms get the balance right"},"content":{"rendered":"<p>The Albanese government last year dumped its controversial proposal to tax unrealised gains on superannuation balances above $3 million without indexation.<\/p>\n<p>On Wednesday, Treasurer Jim Chalmers introduced legislation in the House of Representatives to amend Division 296 and impose additional\u00a0taxes on superannuation balances over $3 million, with thresholds indexed to inflation.<\/p>\n<p>If passed by the Senate, the tax rate on superannuation accounts with balances between $3 million and $10 million will double to 30% from 1 July 2026.<\/p>\n","protected":false},"excerpt":{"rendered":"The Albanese government last year dumped its controversial proposal to tax unrealised gains on superannuation balances above $3&hellip;\n","protected":false},"author":2,"featured_media":476771,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[64,63,99,186,184,185],"class_list":["post-476770","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-au","tag-australia","tag-business","tag-finance","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/476770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=476770"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/476770\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/476771"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=476770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=476770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=476770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}