13/10/2026
Think Division 296 is only relevant if your super exceeds $3 million? Think again.
While much of the discussion has focused on those already above the threshold, that is not the full story.
For many mining and resources professionals, future investment growth, employee share schemes, business interests and family circumstances could mean Division 296 becomes increasingly relevant over time.
In our recent article, we explore why the conversation is not just about where your super sits today, but where it may be heading in the years ahead, and why SMSF members may want to understand a little-known cost-base election now rather than later.
One decision today could influence how the rules apply many years from now.
Division 296 may affect your future even if your super balance is below $3 million. Learn how the SMSF cost-base election could influence long-term outcomes.