The Bill streamlines the way new employees choose or “staple” their existing superannuation fund at onboarding and bans targeted super fund advertising during that process. It also implements income tax and withholding tax exemptions for the 2027 men’s and 2029 women’s Rugby World Cups, gives force of law to the Australia–Portugal tax Convention, updates the list of deductible gift recipients and raises the wine equalisation tax producer rebate.

The Bill makes amendments across six Schedules:

• Schedules 1–2 amend the Superannuation Guarantee (Administration) Act 1992 to allow employers (or their agents) to request an employee’s stapled superannuation fund before, during or after issuing the standard choice form, and amend the Corporations Act 2001 to ban targeted advertising of superannuation products to new employees during the onboarding period;
• Schedule 3 amends the Income Tax Assessment Acts 1936 and 1997 to grant income tax and withholding tax exemptions to World Rugby, its wholly owned subsidiaries, Rugby Australia Ltd and Rugby World Cup (Australia) Pty Ltd for income derived from the men’s Rugby World Cup 2027 and the women’s Rugby World Cup 2029;
• Schedule 4 amends the International Tax Agreements Act 1953 to give force of law to the Convention between Australia and Portugal for the elimination of double taxation and prevention of tax evasion;
• Schedule 5 amends the Income Tax Assessment Act 1997 to add six new specifically listed deductible gift recipients, extend five listings, remove eight listings and update one name;
• Schedule 6 amends the Wine Equalisation Tax Act 1999 to increase the maximum annual producer rebate from $350,000 to $400,000 per producer (or group of associated producers) from 1 July 2026 onwards.

Most measures commence on Royal Assent or specified future dates. Compliance and revenue impacts are low or negligible, aside from one‐off onboarding system updates.