Tue, 20th May 2025

In this week's episode of Superannuation News Wrap, Paige Estritori discusses key Australian superannuation events. This includes the aftermath of the recent elections and the proposed ALP superannuation law, aiming at unrealised gains over 3 million dollars, which is sparking much debate within the industry. Industry participants are expressing concern, with 70 submissions to the government to date. Amid market uncertainties, Australian superannuation funds show noteworthy resilience with a 0.6% rise in the median balanced option. Investment strategy diversification is emphasised, particularly considering varying returns. Lastly, the proposed 'payday super regime', entailing real-time superannuation guarantee contributions, has stirred up discussions around potential market disruptions. Industry bodies call for a 12 to 24-month postponement and a tiered implementation to ensure balance between advancement and readiness, and to circumvent compliance issues.n