Fri, 1st Aug 2025

In this episode of the Weekly Superannuation News Wrap, we discuss the surprise merger talks between Telstra Super and Aware Super that could lead to managing $228 billion in assets, provided they move beyond the non-binding Memorandum of Understanding stage. Australian super funds are influencing government policy, assigned part in the Economic Reform Roundtable, advocating for adjustments to performance test regulations. Their suggestions are intended to improve alignment with investment strategies targeting infrastructure, private equity, and residential housing sectors. Finally, the Australian Treasury is considering major alterations to superannuation tax concessions for a fairer, more sustainable system. This includes taxing only realised gains over 2 million and aligning tax rates for retirement earnings. The proposed Progressive Super Surcharge aims for a fairer tax system and reduced income disparities.