{
  "api_version": "2.0",
  "url": "https://retirementwealth.com.au/api/v2/figures/div296_threshold_lower.json",
  "schema": "https://retirementwealth.com.au/api/v2/schema/api.json#/$defs/figure_file",
  "docs": "https://retirementwealth.com.au/data/",
  "publisher": "retirementwealth.com.au",
  "scope": "Retirement Wealth provides selected factual information about Australian retirement rules and rates. It does not provide personal or general financial product advice or recommend financial products. Summaries may not cover every condition or exception. Check the linked official sources and obtain advice appropriate to your circumstances before making financial decisions.",
  "figure": {
    "id": "div296_threshold_lower",
    "former_ids": [],
    "label": "Division 296 lower threshold (total super balance)",
    "category": "div296",
    "category_label": "Division 296 tax",
    "concept": "super.division_296.threshold",
    "kind": "threshold",
    "dimensions": {
      "balance_threshold": "large"
    },
    "value": 3000000,
    "display_value": "$3,000,000",
    "unit": {
      "code": "AUD",
      "plain": "Australian dollars",
      "quantity": "money",
      "currency": "AUD",
      "per": null,
      "per_amount": null,
      "ratio_divisor": null
    },
    "ratio": null,
    "effective_from": "2026-07-01",
    "effective_from_basis": "value",
    "validity": {
      "from": "2026-07-01",
      "to": null,
      "basis": "value",
      "status": "in_force"
    },
    "applies_by": null,
    "resets": "1_july",
    "review_dates": [
      "07-01"
    ],
    "source": {
      "title": "Division 296 tax thresholds and interest",
      "publisher": "ATO",
      "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/division-296-tax-thresholds-and-interest",
      "type": "primary"
    },
    "verification": {
      "status": "verified_primary",
      "checked_on": "2026-10-11"
    },
    "notes": "The large super balance threshold for 2026-27. Also read in section 296-30 as set out in the Treasury Laws Amendment (Building a Stronger and Fairer Super System) Act 2026. Indexed to CPI in $150,000 increments from 2027-28.",
    "conditions": [],
    "exceptions": [],
    "caveats": [],
    "legal_basis": [
      {
        "instrument": "Income Tax Assessment Act 1997",
        "provision": "section 296-30",
        "role": "sets_value"
      }
    ],
    "derivation": null,
    "related": {
      "same_concept": [
        "div296_threshold_upper"
      ],
      "inputs": [],
      "used_by": []
    },
    "upcoming": [],
    "first_published": {
      "release": 1,
      "recorded_at": "2026-10-11T05:56:59Z"
    },
    "last_changed": {
      "release": 12,
      "recorded_at": "2026-10-13T08:24:56Z"
    },
    "cite_as": "Division 296 lower threshold (total super balance): $3,000,000, applies from 1 July 2026. Official source: ATO, Division 296 tax thresholds and interest (last checked 11 October 2026). Retirement Wealth, https://retirementwealth.com.au/rules/div296/div296-threshold-lower/",
    "links": {
      "self": "https://retirementwealth.com.au/api/v2/figures/div296_threshold_lower.json",
      "page": "https://retirementwealth.com.au/rules/div296/div296-threshold-lower/",
      "current_value": "https://retirementwealth.com.au/api/v2/figures/div296_threshold_lower/2026-07-01.json"
    },
    "timeline": [
      {
        "value": 3000000,
        "display_value": "$3,000,000",
        "ratio": null,
        "effective_from": "2026-07-01",
        "effective_to": null,
        "basis": "value",
        "status": "in_force",
        "source": {
          "title": "Division 296 tax thresholds and interest",
          "publisher": "ATO",
          "url": "https://www.ato.gov.au/tax-rates-and-codes/key-superannuation-rates-and-thresholds/division-296-tax-thresholds-and-interest",
          "type": "primary"
        },
        "verification": {
          "status": "verified_primary",
          "checked_on": "2026-10-11"
        },
        "notes": null,
        "url": "https://retirementwealth.com.au/api/v2/figures/div296_threshold_lower/2026-07-01.json"
      }
    ]
  }
}