The Australian Tax Office (ATO) has implemented several changes, focusing on improving the superannuation experience for Aboriginal and Torres Strait Islander (ATSI) people, to help those communities maximise their value out of the superannuation system.
Issues that had impacted their participation in the system included engagement/access, financial literacy, and the understanding of cultural norms and identification of members.
To help ATSI engagement in superannuation, the ATO has attempted to provide online services (including access to MyGov), a dedicated phone hotline, and face-to-face engagement in remote areas.
Their Indigenous Helpline which had been operating since December 2011 received 19,500 inbound calls between 2018-2019.
During tax time 2019, the ATO’s Pop-up Office Program would visit 26 areas around Australia, including 17 regional and remove locations.
The ATO had produced an ‘Aboriginal and Torres Strait Islander Peoples Protocols Guide’ to help staff with communication.
For deceased estates for ATSI people, they had changed their procedures to allow the release of information where the deceased member is listed on the Lost Members Register or the Unclaimed Super Money Register.
The ATO had worked with superannuation funds to provide details for unclaimed superannuation accounts, this was aided by the Treasury Laws Amendment (Protecting Your Superannuation Package) Act 2019 which helped protect those accounts from fee erosion.
Members could also access their superannuation early under “compassionate release”, for the following reasons:
- medical treatment and medical transport for an individual or their dependant;
- palliative care for an individual or their dependant;
- making a payment on a loan or council rates so the individual doesn’t lose their home;
- modifying a home or vehicle, or buying disability aids for the individual or their dependant because of a severe disability; and
- expenses associated with a death, funeral or burial for a dependant.
To support inclusion in the ATO, the Kawutilin Ally network was established which offered support to ATSI work participants, with over 550 allies across the ATO.
The Commonwealth Aboriginal and Torres Strait Islander Employment Strategy from the ATO set a target of achieving a 2.5 per cent ATSI representation rate, which had now been achieved.
