There has been plenty of news speculation that superannuation could change when the federal budget is delivered on Tuesday, 8 May 2012.
One of the major thoughts going around is that contributions to super may be taxed at the individuals marginal tax rate, rather than at 15%.
If you are making concessional contributions to your superannuation fund, up to either $25,000 for those under 50 or $50,000 for those 50 and over, then the strategy of ensuring you have made your contributions to your fund before the budget may be well worth thinking about.
