On 28 November 2025, the Australian Securities and Investments Commission (ASIC) initiated consultations on proposed changes to stamp duty and portfolio holdings disclosure requirements.
Background
The proposals are a result of ASIC’s targeted review of superannuation investment disclosure requirements announced in August 2025. As part of this review, ASIC established a Working Group
On 26 November 2025, the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) jointly released the 2025 Retirement Income Covenant (RIC) Pulse Check report (Report), which assesses the progress trustees have made in developing retirement income strategies for Australians approaching or in
Australian Prudential Regulation Authority (APRA) has published the remarks made by its Deputy Chair, Margaret Cole at the FSC Innovation in Retirement conference held on 16 October 2025.
In her remarks Margaret Cole noted that Australia is an aging population. Assets in retirement products are predicted to grow from $575 billion to around
On 14 October 2025, the Australian Securities and Investments Commission (ASIC) published Report 818 From superficial to super engaged: Better practices for trustee retirement communications (REP 818).
Background
REP 818 follows a review which examined how various trustees have been progressing with their implementation of the retirement income covenant, with a
On 13 October 2025, Treasury announced a boost to the Low Income Superannuation Tax Offset (LISTO). It also announced amendments to the Better Targeted Superannuation Concessions (BTSC) measure (also referred to as the $3m super tax Bill). The measure was first announced on 28 February 2023.
From 1 July 2027, the
On 9 October 2025, the Government introduced the Treasury Laws Amendment (Payday Superannuation) Bill 2025 and the Superannuation Guarantee Charge Amendment Bill 2025.
Background
The Bills amend the Superannuation Guarantee (Administration) Act 1992 (Cth) and the Superannuation Guarantee Charge Act 1992 (Cth) to ensure superannuation guarantee (SG) contributions are paid in full
On 7 October 2025, the Assistant Treasurer and Minister for Financial Services, The Hon Dr Daniel Mulino MP, issued a media release outlining the Albanese Government’s response to recent failures of managed investment schemes (MIS) that led to significant superannuation losses (notably in the Shield and First Guardian funds). The Minister has written
On 30 September 2025, the Australian Securities and Investment Commission (ASIC) issued Report 816 Accounting for your super: ASIC’s review into the financial reporting and audit of super funds (REP 816).
REP 816 is the first in a series of three reports examining financial reporting and audit quality in 2024-25. It