Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026
Introduced with the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 to reduce the tax concessions available to individuals with a total superannuation balance (TSB) exceeding $3 million, the bill imposes a tax of 15 per cent on earnings based on the percentage of the TSB exceeding the $3 million threshold and a further 10 per cent on earnings based on the percentage of the TSB exceeding the $10 million threshold.
Summary from the official bill homepage.
Became law
| Act | Superannuation (Building a Stronger and Fairer Super System) Imposition Act 2026 |
|---|---|
| Number | No. 9, 2026 |
| Assent | 13 Mar 2026 |
| Status | In force |
Sourced from the Federal Register of Legislation at 21 Oct 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.
Progress
| Date | Step |
|---|---|
| House | |
| 11 Feb 2026 | Introduced and read a first time |
| 11 Feb 2026 | Second reading moved |
| 3 Mar 2026 | Second reading debate |
| 4 Mar 2026 | Second reading debate |
| 5 Mar 2026 | Second reading agreed to |
| 5 Mar 2026 | Third reading agreed to |
| Senate | |
| 10 Mar 2026 | Introduced and read a first time |
| 10 Mar 2026 | Second reading moved |
| 10 Mar 2026 | Second reading debate |
| 10 Mar 2026 | Second reading agreed to |
| 10 Mar 2026 | Third reading agreed to |
| 10 Mar 2026 | Finally passed both Houses |
| 13 Mar 2026 | Assent |
Divisions on this bill
- 5 Mar 2026 Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026 - Second Reading - Agree with bill's main idea Carried House 95–35
- 10 Mar 2026 Bills — Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026, Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026; Limitation of Debate Negatived Senate 4–42
- 10 Mar 2026 Bills — Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026, Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026; Limitation of Debate Negatived Senate 20–32
- 10 Mar 2026 Bills — Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026, Superannuation (Building a Stronger and Fairer Super System) Imposition Bill 2026; Limitation of Debate Carried Senate 33–22
- 10 Mar 2026 Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 - Limitation of Debate - Keep schedules 1-3 as they are Carried Senate 33–22
- 10 Mar 2026 Treasury Laws Amendment (Building a Stronger and Fairer Super System) Bill 2026 and another - Limitation of Debate - Pass the bills Carried Senate 33–22
Official record: bill homepage at aph.gov.au, full text and documents on ParlInfo.