In this special budget episode, hosts Keith Ford and Aaron Dunn discuss the flurry of activity happening on the regulatory front – and the noticeable absence of the $3 million super tax from the final two sitting weeks of Parliament.

They discuss what has led to the debate over Division 296 being delayed, including the government's increasingly precarious position in the Senate, as well as some of the recent changes that will have a more tangible impact in the short term, such as the ATO's update to its tax ruling on pensions commencing and ceasing.

Listen as they discuss:

• The Senate's recent report on ASIC and its recommendation to overhaul the way the industry funding model operates.
• How TR 2013/5 will operate and what SMSFs need to know.
• The changes to NALI and the impact it will have on SMSF members.