Super Over $3 Million?
Labor’s $3 Million Super Tax Is Coming — and If You’ve Got Over $2 Million in Super, You’re in the Firing Line.
“This is the biggest shake-up to super in a generation. And most people have no idea what’s coming.” – Matthew McCabe, Principal Financial Planner, Newcastle Advisors
Let’s cut through it. The Albanese Government’s new Division 296 tax will hit Australians with more than $3 million in super harder than ever before.
30% tax on earnings above $3M
Applies to paper profits — even if you don’t sell
Not indexed — so more people get dragged in every year
This isn’t just a tax tweak. It’s a warning shot.
And if your super balance is over $2 million — this affects you.
“We’re not just reacting. We’re preparing our clients now. Because this isn’t just a tax issue — it’s a wealth protection issue.”
Matthew McCabe, Newcastle Advisors
Who We Help
At Newcastle Advisors, we specialise in strategic financial advice for:
High-income professionals
Business owners with self-managed super
Retirees and pre-retirees with $2M+ in super
Wealth accumulators who are on track to cross $3M
If that’s you — we’re already the expert team you should be speaking with.
Why We’re the First Call You Should Make
This isn’t the time for generic financial advice.
This is surgical. It’s strategic. It’s specialised.
“We’ve modelled the Division 296 tax from every angle. We know who it impacts, how to navigate it, and how to help clients come out ahead — not behind.”
Whether it’s reducing exposure to unrealised gains, structuring wealth more tax-effectively, or designing a drawdown strategy — we’re already helping clients make informed moves.
No panic. No guesswork.
Just smart advice, ahead of the curve.
What We Do (That Others Don’t)
Most advisers are still waiting for legislation to pass.
Not us.
We’re already:
Running advanced simulations for high-balance clients
Repositioning growth assets to minimise unrealised gains
Designing non-super structures (trusts, bonds, investment companies)
Establishing tax-free pensions for eligible clients
Building intergenerational wealth plans
Giving clear, confident guidance based on real-world impact
“If you’ve got more than $2 million in super, and you’re not actively planning for this — you’re gambling with your future.”
5 Strategies Every $3M+ Super Holder Should Know
Here’s a taste of what we walk our clients through:
Do Nothing (Yet)
Sometimes, the smartest move is patience. We’ll tell you when that’s true — and when it’s not.Rebalance Inside Super
Switching the mix between income and growth assets can lower your exposure dramatically.Withdraw & Reinvest (Wisely)
We model every scenario before moving a cent avoiding costly capital gains tax mistakes.Start (or Maximise) Your Pension
Make the most of the new $2 million cap from July 2025. Don’t leave money on the table.Pass Down Wealth Early
Structured gifting and wealth vehicles aren’t just generous — they can be tax-smart too.
This Is the Moment to Act — Before 1 July 2025
Once this law passes, your options shrink.
The best outcomes go to those who plan early. Who get expert advice.
Who understand the tax system — and use it to their advantage.
“You wouldn’t trust your GP to do brain surgery. So why trust a generalist to manage a $3M+ super strategy?”
– Matthew McCabe
Let’s Make Sure You’re in Control — Not the ATO
Book a confidential, obligation-free strategy session with Newcastle Advisors today.
We’ll walk you through where you stand, where the risks lie, and what you can do now to stay ahead.
This is what we do. This is who we help. This is why we exist.
Because good advice isn’t expensive. Bad decisions are.
Book Your $3M Super Strategy Session Now
Offices in Warners Bay, working with clients across Newcastle, Lake Macquarie, Sydney and beyond.