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Division 296 is pitched as a ‘modest’ 15 per cent extra tax on earnings for super balances over $3m. Behind the spin lies a policy that’s complex and potentially unworkable. Here’s how to work around it.

Your MoneyCommentsPremium5 tips to dodge $3m super tax (even if you’re not there yet)

Division 296 is pitched as a “modest” 15 per cent extra tax on earnings for super balances over $3m. Behind the spin lies a policy that’s complex and potentially unworkable. Here’s how to work around it.

Raymond Pecotic

Anthony Albanese is set to hold his first formal meeting with Canadian Prime Minister Mark Carney. NewsWire

newsPremiumAlbo to talk Trump, war with Canadian PM

Anthony Albanese is set to meet Canadian Prime Minister Mark Carney for the first of his talks with world leaders at the G7 Summit.

Jessica Wang

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newsPremiumAussies’ trust in US plummets to record low

A major health check on Australian attitudes shows Donald Trump’s trade war has rattled our faith in the US, sending trust to record lows.

Blair Jackson

Industry and Innovation Minister Tim Ayres says Amazon’s $20bn investment underscores Australia’s economic relationship with the US. NewsWire / Martin Ollman

Federal PoliticsAlbo’s $20bn boon ahead of Trump meet

As Anthony Albanese is going into his first face-to-face with Donald Trump with a $20bn card up his sleeve.

Joseph Olbrycht-Palmer

Prime Minister Anthony Albanese and Amazon Web Services chief executive Matt Garman in Seattle.

FEDERAL POLITICSCommentsAlbanese welcomes Amazon’s $20b AI spend in Australia

Prime Minister Anthony Albanese says a new $20 billion Amazon deal could help Australia embrace AI, enhance national resilience and drive job creation.

Caitlyn Rintoul

Foreign Minister Penny Wong has defended Labor’s hesitancy to join allies in ramping up defence spending. NewsWire / Martin Ollman

PoliticsPremiumMinister grilled on defence amid China ‘threat’

Australia’s closest allies are boosting their defence budgets, but Canberra is bucking the trend despite warnings about a nuclear-armed rival in the region.

Joseph Olbrycht-Palmer

Foreign Minister Penny Wong is warning the Middle East faces ‘dire consequences’ as all-out war looms between nuclear-armed Israel and Iran. NewsWire / Brenton Edwards

NewsPremium‘Dire consequences’: Warning on Middle East

Australia’s top diplomat is warning of “dire consequences” as Israel and Iran trade deadly strikes.

Joseph Olbrycht-Palmer

Foreign Minister Penny Wong has backed Israel’s right to self-defence but avoided questions on the legality of its strikes.

Federal PoliticsComments‘Perilous time’: Wong backs Israel but urges restraint

Foreign Minister Penny Wong has called for de-escalation in the Middle East, while condemning Iran’s nuclear program as a threat to world peace after a barrage of attacks. 

Caitlyn Rintoul

Australia has already spent billions laying the groundwork for AUKUS. Credit: BAE Systems

UPDATEDPremiumBig call on Albo ahead of Trump meet

The Prime Minister has confirmed that he will likely meet with US President Donald Trump on the sidelines of the G7 Leaders’ Summit in Canada.

Jessica Wang and Joseph Olbrycht-Palmer

Anthony Albanese will call on US business leaders to respect free and fair trade.

Federal PoliticsCommentsAlbo’s pointed push to US business leaders ahead of G7 Trump talk

Anthony Albanese will call on US business leaders to respect free and fair trade, with the PM under increasing pressure to secure a tariff exemption for Aussie exports.

Jess Wang

Foreign Minister Penny Wong said on Friday that Australia was “alarmed” by the escalation. NewsWire / Brenton Edwards

NEWSPremiumAussie politicians react to Israel-Iran escalation

Current and former Australian politicians have given their reactions to the escalating tensions in The Middle East.

Brendan Kearns

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NewsPremium‘Fantastic’: Australia’s big gender gap win

Australia has jumped higher in a major global gender equality ranking, but the government is being warned not to get complacent.

Brendan Kearns

Australian Prime Minister Anthony Albanese inspects a guard of honor on arrival at Nadi International airport in Nadi, Fiji, Friday, June 13, 2025. (AAP Image/Lukas Coch) NO ARCHIVING

Federal PoliticsCommentsWeighty expectations for PM heading to G7

The likelihood of the first face-to-face meeting between Anthony Albanese and Donald Trump is overshadowing the rest of the G7 agenda in Australia.

Katina Curtis

Albanese says ‘very confident’ AUKUS pact a boon for US

FEDERAL POLITICSCommentsAlbanese ‘very confident’ AUKUS pact a boon for US

It is the first time the Prime Minister has addressed the issue since news broke that the Trump Administration was examining whether the pact aligns with US interests under their ‘America First’ agenda.

Caitlyn Rintoul

Prime Minister Anthony Albanese arrives in Fiji and meets with Fijian Prime Minister Sitiveni Rambuka. picture: PMO

newsPremiumAlbo defiant against Trump’s AUKUS call

Speaking from Fiji, the Prime Minister knocked back claims the AUKUS defence pact had been derailed after the Pentagon announced a review into the program.

Jessica Wang

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UpdatePremiumUpdate on Sydney train strike chaos

The future of an agreement that could end months of industrial action that paralysed a major city’s rail network hangs in the balance, with a key vote given the go-ahead.

Nathan Schmidt

Foreign Minister Penny Wong has labeled the escalating conflict between Iran and Israel as ‘alarming’.

FEDERAL POLITICSCommentsPenny Wong labels escalating Iran-Israel conflict ‘alarming’

Foreign Minister Penny Wong has labelled the escalating conflict between Iran and Israel as ‘alarming’ and vowed Australia would do everything necessary to keep its citizens safe.

Caitlyn Rintoul

Woodside wants to extend the life of Karratha Gas Plant out to 2070.

EnergyCommentsPremiumWoodside buys more time for talk on NWS conditions

Woodside’s talks with the Federal Government over the future of the North West Shelf will remain ongoing after the deadline for a response on the environmental conditions was extended.

Matt Mckenzie

Foreign Minister Penny Wong is calling for calm after Israel’s ‘pre-emptive strike’ on Iran. NewsWire / Brenton Edwards

POLITICSPremium‘Shelter in place’: Warning to Aussies in Iran

Australians in Iran are being urged to “shelter in place” following a major escalation with nuclear-armed Israel.

Joseph Olbrycht-Palmer and Jessica Wang

The US is facing a nuclear submarine shortage early next decade. Newport News Shipbuilding

POLITICSPremium‘High price’: Grim warning after AUKUS move

A major move by the Trump administration has sparked warnings Australia’s defence could be left high and dry.

Joseph Olbrycht-Palmer

Australian Foreign Minister Penny Wong speaks at a the Business News breakfast at Crown.

Federal PoliticsVideoComments‘Risk to peace’: Wong reacts to Iran attack

LIVE UPDATES: Foreign Minister Penny Wong says Australia is alarmed at the escalation between Israel and Iran, urged all parties to ‘prioritise diplomacy’.

Max Corstorphan

The United States’ review of the AUKUS pact has stoked fears WA’s future as a nuclear-powered submarine hub could be in jeopardy as Anthony Albanese faces growing pressure to secure a G7 sideline meeting with Donald Trump.

Federal PoliticsCommentsPremiumAnxiety but no alarm over ‘natural’ AUKUS review

A Pentagon review of AUKUS has been downplayed as ‘natural’ by Australia, but has cast doubt over WA jobs linked to the nuclear submarine pact, as Anthony Albanese seeks a meeting with Donald Trump. 

Jessica Page and Caitlyn Rintoul

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newsPremiumFears Australia faces ‘missed opportunity’

A business leader has called for a boost in the research and development spending, with levels currently putting Australia behind the global pack.

Jessica Wang

Prime Minister Anthony Albanese will meet with Fijian Prime Minister Sitiveni Rabuka in Nadi on Friday. NewsWire / David Beach

newsPremiumAlbo yet to secure crucial Trump meeting

Anthony Albanese has yet to secure a critical meeting with Donald Trump, with the Prime Minister set to depart on Friday for a six-day trip to Fiji, the US and Canada.

Jessica Wang