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July Newsletter

Your Future, Your Super Measure

The Your Future, Your Super measure recently passed meaning that from 1 November 2021, employers will no longer be able to use a default fund if a new employee does not select a choice fund. Instead, the employer will be required to check if the employee has a stapled fund using either the:

  • Retail service accessed via ATO Online (available 1 November)
  • Wholesale service accessed via business software (available mid 2022)

The ATO are currently running a survey to make an informed decision on the "request a stapled fund" service to ensure it supports current employee onboarding processes undertaken by DSPs. More information about the survey can be accessed by members via the forum

Transition to Strengthening Client Verification

Recent Submissions

DSPANZ recently provided a submission to the Transition to strengthening client verification consultation undertaken by the ATO and Tax Practitioners Board. Read about this submission here. We are also preparing submission to the following consultations:
Find more information about both of these consultations here.
Operational Framework Review Summary

Farewell Chris Howard

Chris Howard has stepped down as a Director from the Board as he has taken on a new and exciting role. The Board would like to thank Chris for his contributions to DSPANZ over his 5 years on the board including as Vice President and President. We wish Chris all the best!
Operational Framework Review Summary

Meet the Director - Sreeni Pillamarri

Learn more about DSPANZ Director and Treasurer Sreeni Pillamarri, Director of Softlabs, who joined the Board at the beginning of 2021.

Read More
Operational Framework Review Summary

DSPANZ Representation

Over the past month, DSPANZ has been busy attending meetings, round tables and webinars. Here's a summary of what we've been attending:
  • Operational Security Framework (OSF) review meetings with ATO
  • ATO DSP Strategic Working Group
  • Council of Small Business Organisations Australia (COSBOA) Round Table
  • Operational Framework Review Working Group
  • OpenPeppol General Assembly
  • Digital Transformation Agency (DTA) Digital Identity webinar
  • Australian Small Business and Family Enterprise (ASBFEO) meeting on Digital Identity
  • Attorney-General's Department on regtech and collaboration with software industry
Operational Framework Review Summary

Operational Framework Review Summary

Learn more about the changes to the Digital Service Provider (DSP) Operational Security Framework (OSF) following its recent review. Members can access the slides and recording from a recent meeting held on the changes to requirements here.
Read More
Operational Framework Review Summary

Conversations with Attorney-General's Department and Fair Work Commission

We have been meeting with the Fair Work Commission and Attorney-General's Department recently to discuss the Modern Awards Pay (MAP) database API and how we can get the industry and government to work together to solve issues around award compliance. 
Members can read more on the forum
New Zealand to Establish Consumer Data Right

New Zealand to Establish Consumer Data Right

The New Zealand Government has recently announced that they will implement a new legislative framework to establish their own Consumer Data Right (CDR).
Read More
Attorney-General's Department Releases Regulatory Technology Roadmap

Attorney-General's Department Releases Regulatory Technology Roadmap

The Australian Attorney-General's Department has recently released their regulatory technology roadmap. Learn more about the initiatives included in the roadmap and access a copy of the roadmap.
Read More
Melbourne Networking Event

Register for Upcoming Network Events

Over the next few months, we are aiming to host networking events in Melbourne, Adelaide and Brisbane. Find the details for each of these events below. 

Please note that these events may be postponed if there are changes to local restrictions.

Read More

Until next time, 
The Team at DSPANZ.

217 Flinders Street, Adelaide SA 5000
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