Capital gains in super

As for capital gains tax, if an investment is held by the super fund for more than 12 months before it's sold, a discount rate of one-third is applied to the capital gain made

This reduces the effective tax rate on gains in superannuation to a tax rate of 10% in the accumulation phase (remaining two thirds of the capital gain x tax rate of 15%) and reduces to 0% tax in the pension (drawdown) phase.

Note: Super funds are exempt from the recent changes to the CGT regime effective 1 July 2027 which have amended the method of calculating the assessable capital gain for individuals, trusts and partnerships from the CGT discount approach to cost-base indexation. Accordingly, super funds will continue to apply the one-third CGT discount when determining the assessable capital gain on the disposal of investments.