Super fund stapling is helping more Australians keep their super consolidated, with nearly 80% of people now holding only one super account, and the Australian Taxation Office (ATO) is reminding employers of the key things they need to know when onboarding new employees.
ATO Deputy Commissioner Ben Kelly said employers play a critical role in making sure the system works as intended.
‘Super fund stapling is designed to keep workers connected to the same super account as they move between jobs, helping them avoid unnecessary duplicate accounts and fees, and employers are central to making that work’, said Mr Kelly.
As at 30 June 2025, more than 14 million Australians had a single super account, continuing a steady shift away from multiple accounts and unnecessary duplicate fees.
Mr Kelly said, ‘this trend reflects the impact of reforms such as super fund stapling, which is designed to keep workers connected to their existing super as they move between jobs.'
Three things to know:
- New laws strengthen employee choice, without adding to employer obligations
- Requesting stapled super through the ATO helps protect against fraud
- Super fund stapling is reducing multiple accounts and delivering results
Disclaimer: This does not purport to be comprehensive or to render legal advice. You should not act based on any information contained in this publication without first obtaining specific professional advice. Consult your legal advisor to determine if this applies to you.
