Current news for APRA-regulated funds
Keep up to date with the latest news for large Super funds by subscribing to our Super email updates and RSS news feeds. New information is published here regularly.
Find out about:
Super News
Subscribe to Super News by emailing SuperNews@ato.gov.au to receive a monthly summary of links to news articles published throughout the month.
Latest news
September updates
Fact sheets available for super housing measures
25 September 2018
Fact sheets are now available for the First home super saver (FHSS) scheme and Contributing the proceeds of downsizing into superannuation measure.
Scheduled ATO systems upgrade
24 September 2018
Over the next few weeks ATO systems will undergo a scheduled system upgrade where individuals will not be issued with determinations and large super funds may receive an increase in enquiries.
October and November 2018: remittance and recovery processing schedule
21 September 2018
The ATO super processing schedules for October and November 2018 are outlined here.
MAAS & MATS Business Implementation Guides updates
7 September 2018
Updates have been made to the MAAS & MATS Business Implementation Guides.
August updates
Single Touch Payroll reporting off to a positive start
23 August 2018
Single Touch Payroll (STP) is off to a positive start, with thousands of employers transitioning to real-time reporting in the first month. Read about what Assistant Commissioner John Shepherd discussed at the Superannuation Engagement Forum, and access the STP recording.
Common fund enquiries in August
23 August 2018
The following information can assist large super funds to find answers on the ATO website, including links to related material on MAAS and MATS.
Funds can accept downsizer contributions
22 August 2018
Funds are able to accept downsizer contributions from your members now, even though you may not be able to report them to us yet.
Law Companion Ruling for the FHSS scheme
17 August 2018
Law Companion Ruling (LCR) 2018/5 First home super saver scheme has been published. It provides guidance on the operation of the scheme, and helps individuals and their advisers to determine eligibility requirements and obligations under the scheme.
Joining forces with funds to reduce SG non-payment
17 August 2018
We want to work together with large super funds to prevent, and improve the detection of, super guarantee (SG) non-payment.
Are you across the 2016 and 2017 Super reforms?
17 August 2018
Find out more about what the 2016/2017 super reforms mean for large super funds.
August and September 2018: Super remittance and recovery processing schedule
9 August 2018
The ATO super processing schedules for August and September 2018 are outlined in this article.
Funds meeting their obligations
8 August 2018
The ATO has published our annual large super fund industry report summarising the outcomes from the 2017 Risk Differentiation Framework (RDF) showing funds are meeting their obligations.
Collaboration key to success
6 August 2018
At the first Superannuation Engagement Industry Forum for 2018, ATO Deputy Commissioner of Superannuation James O'Halloran presented the key note address to recognise achievements from collaboration, focus, and a joint commitment across industry and from the ATO.
Assuring our IT systems
1 August 2018
Matt Hay, ATO Deputy Commissioner, Enterprise Capabilities, recently discussed the work we are doing to improve the performance of our SBR2 platform at the Superannuation Industry Engagement forum.
Funds role in SuperStream - delivering event based reporting success
1 August 2018
At the Superannuation Engagement Forum, Jason Lucchese spoke about our move to event-based reporting and the collaboration of ourselves and industry in the transformation process.
July updates
Section 20C notices (former temporary resident)
26 July 2018
The ATO will soon issue Section 20C notices for the period 1 January 2018 to 30 June 2018, with a due date of 31 October 2018.
Illegal early release of super
16 July 2018
We issued a media release warning the public about a recent scam where promoters are encouraging people to illegally access their super early. It's important to remind your members that if they're approached by a promoter, they should seek advice from a professional advisor or check with us.
Release authority streamlining update
11 July 2018
From July 1 2018, there are changes to the approach to releasing amounts, a temporary timeframe extension for return and payment of streamlined release authorities, and updated excess concessional contributions determination (ECC) and excess non-concessional contributions determination (ENCC) instructions.
Superannuation Industry Engagement Forum recording and talkbook available
5 July 2018
The recording and talkbook is now available for the Superannuation Industry Engagement Forum held on Wednesday 27 June 2018.
June updates
2018 USM reporting changes
29 June 2018
New subject line 'Lodge USM Adjustment/Non-Lodgment Templates Advice' is now available in the Business portal for large super funds to lodge their USM templates.
CRT Service commitment review
20 June 2018
We've updated our service commitment to include recent enquiry types such as Transfer Balance Account Report (TBAR) and Small Business Superannuation Clearing House (SBSCH).
June and July 2018: Super remittance and recovery processing schedule
16 June 2018
The ATO super processing schedules for June and July 2018 are outlined below. This reflects the channel the files and payments will be sent through for each specific product.
Together, we’ve reached a milestone
13 June 2018
Government and industry have delivered the SuperStream program and have achieved far more than a ‘back-office’ tidy up.
Join the Superannuation IEF live stream event in June
13 June 2018
We will live stream the Superannuation Industry Engagement Forum (IEF) on Wednesday 27 June 2018 from 10.00am–4.30pm AEST.
Final MATS Business Implementation Guide (v1.0) and MATS Transition Handbook
6 June 2018
The final MATS Business Implementation Guide (BIG) and MATS Handbook are now available.
PCG 2018/2: Propagation arrangements adopted by registrable superannuation entities released
6 June 2018
Practical Compliance Guideline PCG 2018/2: Propagation arrangements adopted by registrable super entities was recently released.
Superannuation Guarantee Amnesty announced
1 June 2018
Take advantage of the Superannuation Guarantee Amnesty and catch up on your obligations without penalty.
See also:
Read the latest news for large super funds.