My understanding of the change is that it applies only to the...

My understanding of the change is that it applies only to the non deductible amount you can add each year , now $100k per year instead of the proposed $500k since 2007 , currently you can add $180k per year for 3 years if under 65 I think.
That would mean 1.6 total in each persons super account with earnings tax free,( earnings are not great at present, aged pension has been calculated as same as individual super account with 1.3M in it) amount in super above this goes into earnings taxed accumulation account or transferred to a partners account if balance under $1.6, but hey who knows for sure. Costello would never have allowed such a patchwork mashed up scenario out to the public until completely sorted.
Meeting with my super (SMSF) manager in two weeks so MAY get clearer position after that meeting. I am past transition to retirement stage so didn't keep up with that part of it.