O’Dwyer sitting on key SG report

The Minister for Revenue and Financial Services, Kelly O’Dwyer has been in possession of a key inter-departmental report on Superannuation Guarantee non-payment for nearly a month and has yet to make its findings public.

The Australian Taxation Office (ATO) has confirmed that the interim report of the multi-agency working group was provided to O’Dwyer on 31 January and that its final report is due to be handed to the minister next month.

The inter-agency working group was established by O’Dwyer just before Christmas and members of the Senate Economics Committee inquiry into Superannuation Guarantee non-payment have complained that the minister failed to inform them of its existence even though it was traversing the same areas.

Answering a question on notice from members of that committee, the ATO confirmed the inter-agency working group had met four times after being established by the minister on 19 December, last year.

VIEW ALL

View all

The answer also confirmed that “as at 23 February 2017 the Working Group has not consulted with the superannuation industry or other stakeholders”.

The inter-agency working group entails representatives from the ATO, the Treasury, the Australian Prudential Regulation Authority (APRA), and the Australian Securities and Investments Commission (ASIC).

The ATO’s answer confirmed the working group was traversing almost exactly the same terms of reference as the Senate Committee.