Media Release

New governance structure good for SuperStream: ASFA

24 February 2014

New governance structure good for SuperStream: ASFA

The Association of Superannuation Funds of Australia (ASFA) welcomes the Assistant Treasurer’s announcement that the Australian Taxation Office (ATO) will have stewardship of the SuperStream gateway network for the next two years.

ASFA CEO Ms Pauline Vamos said “ASFA has been calling for the ATO’s regulatory reach to be extended on superannuation data and payment matters to the gateways that are part of the SuperStream transaction network.

“The ATO is the logical body to take on this role in the short term to ensure the smooth delivery of the SuperStream vision, because the interoperability of the system involves not just superannuation funds but payroll firms, software providers, gateways and clearing houses.

“The development of an industry-led governance body for the long term is a complex task. This announcement will provide a realistic amount of time for the industry to work together to determine the appropriate arrangements.

“ASFA has produced a report outlining the potential legislative and funding structures of a governance body, however the framework for SuperStream needs to be finalised first.

“We look forward to working with the ATO and all parties involved in the implementation of SuperStream to reap the rewards of several years hard work,” she concluded.

For further information, please contact:

Lisa Chikarovski, Media Manager, 0451 949 300.

About ASFA

ASFA is the peak policy, research and advocacy body for Australia’s superannuation industry. It is a not-for-profit, sector-neutral, and non-party political national organisation, which aims to advance effective retirement outcomes for members of funds through research, advocacy and the development of policy and industry best practice.

Daniel Mulino MP

Assistant Treasurer and Minister for Financial Services

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Born in Brindisi, Italy, Daniel was a young child when he moved with his family to Australia. He grew up in Canberra and completed his first degrees – arts and law – at the ANU. He then completed a Master of Economics (University of Sydney) and a PhD in economics from Yale.

He lectured at Monash University, was an economic adviser in the Gillard government and was a Victorian MP from 2014 to 2018. As Parliamentary Secretary to the Treasurer of Victoria, Daniel helped deliver major infrastructure projects and developed innovative financing structures for community projects.

In 2018 he was preselected for the new federal seat of Fraser and became its first MP at the 2019 election, re-elected in 2022 and 2025. From 2022 to 2025, Daniel was chair of the House of Representatives’ Standing Economics Committee in which he chaired inquiries; economic dynamism, competition and business formation and insurers’ responses to 2022 major floods claims.

In 2025, he became the Assistant Treasurer and Minister for Financial Services.

In August 2022, Daniel published ‘Safety Net: The Future of Welfare in Australia’, which aims to explore the ways in which an insurance approach can improve the effectiveness of government service delivery.