Woooduk, IMO propaganda war of our communist government started to convince Centrelink employed working class families, SMSF is just another form of tax evasion. Maybe better to come if our political leaders spend holidays in Europe . Some of the European countries took "temporary" measures for 3 years to reduce super contribution from 9% to 4 %... and in regards of new stringent audit requirements for SMSF, one of the comments summarised : "I feel that we have arrived at this position because of the pressure Retail and Industry funds have applied to government. The level of non compliance within SMSF is by the ATO's own records minute given the growth in the number of funds"
