So it’s confirmed Australia is moving forward to tax unrealised gains in superannuation accounts exceeding $3 million effective from 1 July 2025.  

I think that brings the tax rate to 30% on earnings for total super balances above $3 million. Ouch for those people who will be forced to sell assets…illiquid assets 😳

One of the biggest misconceptions is that these kinds of taxes are “only for the ultra-wealthy” and not worth worrying about…