On 27 March 2026, the Australian Treasury published for comment an exposure draft of the Corporations Amendment (Ban on Advertising Superannuation Funds During Onboarding) Regulations 2026 (Cth) (draft Regulations). The draft Regulations amend the Corporations Regulations 2001 (Cth) to support the amendments to the Corporations Act 2001 (Cth) made by the Treasury Laws Amendment (Supporting Choice in Superannuation and Other Measures) Act 2026 (Cth) (the Amending Act). Schedule 2 to the Amending Act bans the advertising of certain superannuation products to new employees as part of the onboarding process, with certain exceptions.
The draft Regulations support these laws by setting out detailed rules for the advertising of MySuper products. Specifically, it inserts a new section 7.8.26 in Division 8 of Part 7.8 of the Corporations Regulations 2001, which sets out the conditions and disclosure requirements that must be met for a person to advertise a MySuper product during the employee onboarding process. The conditions and disclosure requirements cover clear labelling, prominence of advertising, advertising arrangements and general disclosures that must appear.
Next steps
The deadline for comments on the consultation is 17 April 2026.