On 13 December 2023, as part of the 2023–24 Mid-Year Economic and Fiscal Outlook (MYEFO), the government announced it will close a loophole which allows convicted child sexual abusers to deny their victims and survivors compensation through shielding their assets in superannuation. This measure is not yet law.
This measure will enable victims and survivors of child sexual abuse with unpaid compensation orders of 12 months or more to seek information through the ATO for visibility of the convicted offender's personal or salary sacrifice (additional) superannuation contributions.
Victims and survivors will be able to seek an order from the Federal Circuit and Family Court of Australia to access additional superannuation contributions made by the offender after the first offence occurred. This measure will only apply to identifiable additional superannuation contributions starting from 2002–03.
For more information see
- 2023–24 Mid-Year Economic and Fiscal Outlook External Link
- 2023–24 Mid-Year Economic and Fiscal Outlook media releaseExternal Link