Many Australians are already subject to a 15% tax on their superannuation profits, but the wealthiest are facing another levy on top of that. 

This week on the podcast, Chris Bourke asks cross-asset reporter Richard Henderson to explain how the tax will work, who will be affected, and if Australia’s super system is becoming a wealth accumulation vehicle for the rich.

Many Australians are already subject to a 15% tax on their superannuation profits, but the wealthiest are facing another levy on top of that. This week on the podcast, Chris Bourke asks cross-asset reporter Richard Henderson to explain how the tax will work, who will be affected, and if Australia&rsquo;s super system is becoming a wealth accumulation vehicle for the rich.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business. 

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

The Bloomberg Australia Podcast

Each week, Rebecca Jones and Bloomberg's team of reporters lift the lid on the biggest stories shaping Australia's place in global business.

We Need to Talk About the New Tax on Super

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1f7f5c86-0d46-4f2b-9609-b2fa00345c0b/transcript

Global markets have been rocked by the escalating conflict between the US, Israel and Iran — and Australians are starting to feel it in their super balances. After one of the worst months since 2022, many investors are nervously checking their accounts and wondering how much damage has been done.

On this week’s episode, pensions reporter Amy Bainbridge breaks down what the volatility means for your retirement savings, why funds are urging members not to panic, and what history tells us about riding out market shocks.

Global markets have been rocked by the escalating conflict between the US, Israel and Iran &mdash; and Australians are starting to feel it in their super balances. After one of the worst months since 2022, many investors are nervously checking their accounts and wondering how much damage has been done.
On this week&rsquo;s episode, pensions reporter Amy Bainbridge breaks down what the volatility means for your retirement savings, why funds are urging members not to panic, and what history tells us about riding out market shocks.

How Hard Has the Iran Crisis Hit Super Funds?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/2049ed1b-c550-4c7c-9db8-b4270016dfa7/transcript

Australia’s world-first ban on social media for under-16s was designed to protect kids — but just months in, cracks are already showing. Regulators say major platforms may be falling short, while parents and teens report the rules are easy to get around, with workarounds ranging from shared accounts to AI-generated age checks.

So is the policy actually changing behavior, or just reshuffling it? Bloomberg’s Ros Mathieson joins the podcast to unpack what’s working, what isn’t, and whether this bold experiment could become a global model — or a cautionary tale.

Australia&rsquo;s world-first ban on social media for under-16s was designed to protect kids &mdash; but just months in, cracks are already showing. Regulators say major platforms may be falling short, while parents and teens report the rules are easy to get around, with workarounds ranging from shared accounts to AI-generated age checks.
So is the policy actually changing behavior, or just reshuffling it? Bloomberg&rsquo;s Ros Mathieson joins the podcast to unpack what&rsquo;s working, what isn&rsquo;t, and whether this bold experiment could become a global model &mdash; or a cautionary tale.

Are Kids Already Beating the Social Media Ban?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/cf9885c5-d012-4161-9250-b41f018a8490/transcript

Is Australia at risk of running out of fuel? Panic buying has surged, prices are spiking and some regional stations are already running dry as tensions in the Middle East rattle global supply chains.

This week on the podcast, Ben Westcott joins Rebecca Jones to unpack the data behind the headlines — how much fuel Australia actually has, where the system is under strain and why the ripple effects could hit everything from supermarket shelves to farm output.

Is Australia at risk of running out of fuel? Panic buying has surged, prices are spiking and some regional stations are already running dry as tensions in the Middle East rattle global supply chains.
This week on the podcast, Ben Westcott joins Rebecca Jones to unpack the data behind the headlines &mdash; how much fuel Australia actually has, where the system is under strain and why the ripple effects could hit everything from supermarket shelves to farm output.

Could Australia Really Run Out of Fuel?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e6c23f9d-2379-4e87-80d1-b419000a42b1/transcript

We Need to Talk About the New Tax on Super

In 1 playlist(s)

The Bloomberg Australia Podcast

Social links

Follow podcast

Recent clips