From www.heffron.com.au: As the May 3 election approaches, the ALP is likely to continue pursuing Division 296 tax on superannuation for those with over $3 million, alongside new policies like payday super and parental leave super, while seeking broader superannuation tax reforms.

The Liberal/National Coalition opposes the Division 296 tax and aims to enhance access to super for first home purchases, emphasizing choice and flexibility in superannuation management.

The Greens advocate for a lower threshold for the Division 296 tax and reduced super tax concessions for higher earners, highlighting the ongoing role of independents in legislative changes.