What cheeses me off

I think it is a requirement of the Guvment super reforms. One part of that is a requirement that super contributions (the funds transfer and contribution notice) are paid electronically - called Superstream

Westpac operates a super contribution gateway called QuickSuper. It is the only such Gateway in Australia. My industry super fund has used QuickSuper for employer contribution for years.

"Welcome to the future"

#WCMO
Have you noticed the ATO changes to online services user verification including changes to the webpage to access the ATO activity statement portal?. They don't give clear instructions. I really think the mob that works in the ATO webpage UI have never had to use it.

At least Xero can lodge the BAS directly to ATO from within the application so you don't have to go into the ATO portal.
Yes that's the platform. I understand the regulations but given that it's just a couple of weeks before the Christmas break and NY, it was completely unreasonable for the lack of notice this late. Yesterday. And that it cuts off on Jan 13. They needed to advise us a long time ago to get everything inputted and operational well before now. They would have known about the transfer for some time. Every employee data must be inputted again, from start of work with employer, address and the usuals, TFN, salary, and it took me some time to work out how their new system actually worked. I do not see the need for them to have our banking details, but we could not proceed further without inputting them. Supposedly in case there was a refund. In our thirty years plus of super, we have never required this. But now they are in cyber somewhere with a platform we know nothing about. There has been no explanation from HESTA. Just a 'we are switching' before next super run.
 
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and most importantly in the same period that the income is earned.

If this was a requirement when compulsory super started we would all have much healthier balances.

For decades, employers in many cases were taking 3-12 months to actually deposit your super earnings (in the mean time they earned interest on your money that they were holding onto instead of you earning a return or using it to cover other expenses).

That is why when many companies fail, employees lose out on their entitlements because their former employer was legally allowed to delay making the deposit to super and also wasnt holding enough cash to cover leave balances.
This has nothing to do with making timely payments. But changing a system of payments at this time of the year with little notice.
 
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This has nothing to do with making timely payments. But changing a system of payments at this time of the year with little notice.

Well lack of timely super payments CMO, as it has reduced my (and most peoples) retirement savings due to employer greed.
 
Well lack of timely super payments CMO, as it has reduced my (and most peoples) retirement savings due to employer greed.
I suspect that many employers simply won't be able to do the transition in time if they have a large number of employees, and with the closure around Christmas and NY, there won't be staff to manage it nor staff to answer phone queries. Which means there may well be delays in processing payments to the super fund. It certainly runs that risk with large businesses.
 
WCMO is some religious nutter has started sending spam sms re a fictional deity and their flawed belief of the consequences of not worshiping them.

Absolute nonsense, have blocked number and reported to scam watch as there were multiple dubious links.

I know the government is trying to introduce a Sender ID Registry so that Aussies can trust that sms from a company name not a number can be verified, but they really need to do more to stop number spoofing and remove exemptions for political parties and charities from the do not call register.
 

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