High-income earners may get surprise super boost from July 1

by · Australian Financial Review

Andrew HobbsWealth reporter
May 8, 2026 – 5.00am

High-income earners such as investment bankers, chief executives and salespeople may be among the biggest winners from the new payday super laws because some will get an unexpected boost to their retirement savings.

It’s an unlikely pool of winners from Labor legislation designed to fix two structural flaws that mostly hurt low- and middle-income earners: unpaid super and lost compounding interest.

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Andrew HobbsWealth reporterAndrew Hobbs covers self-managed superannuation funds (SMSFs), financial planning, retirement, inheritance, tax, personal finance and, sometimes, the Perth Bears. He has been a financial journalist for 30 years, previously at Bloomberg and AAP.

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