Tue, 5th Aug 2025

This episode of the Weekly Superannuation News Wrap discusses important developments in the superannuation industry. HESTA's new model projects that the increase in super guarantee to 12% could greatly benefit Australian women retiring in 2025, helping to reduce the gender wage gap. A proposed tax plan from Wilson Asset Management aims to generate over 2 billion dollars in revenue by introducing a new taxation structure for super balances exceeding 3 million dollars. The program examines merger talks between Telstra Super and Aware Super, which could result in a combined management of $228 billion in assets. The Associations of Superannuation Funds of Australia is pushing for changes in performance test regulations to better align with strategic investments. Lastly, superannuation taxation is under review with proposals focusing on taxing only realized gains over 2 million dollars and progressive contribution taxes.n