/ 2026

29 Jan 2026
Following the release of the December 2025 quarterly CPI figures the general transfer balance cap (TBC) will increase from $2,000,000 to $2,100,000 from 1 July 2026. This could provide tax effective retirement pension and non concessional contribution opportunities for some of your clients.
8 Jan 2026
On what was the last business day for many firms before they closed for two weeks (Friday 19 December 2025) for the Christmas/New Year break, Treasury released the Bill for the revised Division 296 — Better Targeted Superannuation Concessions measure. They also advised that the consultation period for the revised Bill would close on January 16, 2026. With such timing, those of my era would have thought that someone had been watching an episode of Yes Prime Minister and would have also expected the expulsion of 76 foreign diplomats (For those interested: Series 1, Episode 8, “One of Us”).

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