The Association of Superannuation Funds of Australia (ASFA) is proposing to increase support for low-income earners by redistributing the revenue generated from the government's planned additional taxation on superannuation balances above $3 million (Division 296) and for those earning $250,000 plus (Division 293). https://www.financialstandard.com.au/feed/latest?story=179805311 en-AU Copyright 2026 Financial Standard 5