"The Bill also amends several Acts to include provisions relating to the calculation of earnings" - anyone read through the details to see if this mean changes to how the 15% tax rate applied to taxable income of super funds with TSB below $3MM is calculated? The example provided previously regarding how the 30% rate would be applied to super funds with member balance above $3MM seemed to indicate it would now be taxing unrealized capital gains (ie. overall change in TSB would be treated as taxable 'earnings') rather than the normal method of applying tax rate to taxable income (eg. realized CG and dividend income, interest, rent etc.) If the 'other changes' mean that the normal 15% tax rate gets applied to all 'change in value' of super funds with member balances below $3MM this will be a major tax grab that will affect all super members, not just those with high super balances (over $3MM).