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Hi, I assume you are referring to a binding property settlement under the Family Law Act (Comm.) 1975.
Please read the following prescribed reading issued by the Family Court.
The short answer is that everything currently owned by both parties is included in the joint marital asset pool... even if it relates to prior to the marriage/de facto relationship. Superannuation is also included.
The fact that these assets were owned prior to the relationship is a factor that is taken into account... however the longer the relationship, the less weighting or importance is accorded to this factor by the Court.
I assume you are aware that the binding settlement can be reached inside (via Court Order or if the parties agree by consent orders) or outside of Court (via a BFA - Binding Financial Agreement... but both parties MUST have a certificate of legal advice before signing the BFA).