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Submitted by The Missing Link on Fri, 03/23/2018 - 21:03

The ATO are the missing link when it comes to lots of issues currently being experienced by the current superannuation system. The have all the data required for cross checking and verifying things such as an individuals earnings per employer to ensure things such as SG compliance by employers This would negate the checking of the current $450 per month requirement before super is payable. I can see how the government would be reluctant to want to do this as it would be an administrative nightmare and would need to be linked to current super fund reporting to the ATO. It would make a great super system even better however and considering the Funds held in super are into the trillions, It needs to be done.

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