[no bill text published] Right to Transfer Superannuation Benefits to a Spouse (Spousal Redistribution)
Superannuation Legislation Amendment (Tackling the Gender Super Gap) Bill 2025
Private Member's Bill1st House
2nd House
Law
Links to official parliament websites
Effects of this bill
If this bill passes, it means that:
Members of regulated or approved super funds can apply to transfer a portion of their balance to their spouse's fund.
The applicant must have a higher balance than their spouse; both must only belong to one fund each.
Transfers are banned if the spouse is 65 or older; they are also banned if the spouse's balance already meets the general transfer balance cap.
Applicants must use an approved form; they must include the spouse's written consent.
The transferring trustee must request missing information within 3 business days; they must also notify the receiving trustee within that timeframe.
The receiving trustee must provide a statement of the spouse's current balance within 3 business days.
Both funds must be able to exchange information and payments electronically.
The amount received by the spouse is treated as a roll-over benefit for tax purposes.