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Became law

Superannuation Reform Bill

Portfolio: Treasury

  1. Introduced11 February 2026
  2. Passed House5 March 2026
  3. Passed Senate10 March 2026
  4. Royal assent13 March 2026

What does this bill do, in plain English?

Implements superannuation reform including tax changes for balances above $3 million, new rules for employer contributions, and improved transparency for super funds.

The case on both sides

AI-assisted summary of public arguments — labelled per our editorial rules.

Supporters say

Affects only 0.5% of Australians with super over $3 million. Raises $2.3 billion for aged care and health.

Critics say

Taxes unrealised capital gains, creating liquidity problems for farmers. May discourage saving.

How parliament voted

Every recorded division on this bill, from the official division record via TheyVoteForYou.

  • representatives · 5 March 2026

    Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026 - Second Reading - Agree with bill's main idea

    9535

    The ayes have it · 60 votes

    95 ayes, 35 noes

Source: Australian Parliament House bill record

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