Sep 4, 2026 – 8.00pmWealthy members of big industry and retail superannuation funds could face different bills for very similar investment returns under the Albanese government’s tax on super balances above $3 million, creating fresh concerns about the effects of the contentious new levy.Two months after the law came into force, super funds are still grappling with how to assess the investment returns to determine tax obligations for high-balance members because the legislation allows broad interpretations of how much is owed.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles