by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Superannuation & Investment
⚡ TL;DRDivision 296 became law in March 2026 and applies from 1 July 2026. It imposes an additional personal tax on superannuation earnings attributable to balances above A$3 million — an extra 15% up to A$10 million, taking the effective rate to 30%, and...
by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Superannuation & Investment
⚡ TL;DRAustralia’s annual superannuation performance test, introduced in 2021 under the Your Future, Your Super reforms, benchmarks each product’s net return against its own strategic asset allocation. Funds that fail must notify members within 28...
by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Superannuation & Investment
⚡ TL;DRThe Future Fund is Australia’s sovereign wealth fund, established in 2006 from budget surpluses and Telstra sale proceeds to cover the Commonwealth’s unfunded public sector superannuation liabilities. It manages close to A$290 billion under a...
by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Superannuation & Investment
⚡ TL;DRAustralia’s superannuation system is compulsory, privately managed and now holds more than A$4 trillion — one of the largest pension pools in the world, accumulated by a country of roughly 27 million people. Employers must contribute a...
by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Superannuation & Investment
⚡ TL;DRAustralianSuper manages more than A$385 billion for over 3.5 million members, making it Australia’s largest superannuation fund and roughly the sixteenth largest pension fund in the world. It was formed in 2006 by merging two industry funds, and it...
by Ekrem Duman | Jul 31, 2026 | Australia Company Stories, Retail & Consumer
⚡ TL;DRWhen Amazon launched in Australia in 2017, the consensus was that domestic specialty retailers would be destroyed. They were not. JB Hi-Fi survived by running one of the lowest cost-of-doing-business models in global retail, and Harvey Norman survived by...
