Federal Spending Explorer

Program · Outcome 1: Confidence in the administration of aspects of Australia’s taxation and superannuation systems, including through helping people understand their rights and obligations, improving ease of compliance and access to benefits, and managing non-compliance with the law; and in delivering effective and efficient business registry services

Program 1.15: Interest on Unclaimed Superannuation Accounts Paid

Program objective, as stated by the agency
Under the Superannuation (Unclaimed Money and Lost Members) Act 1999, superannuation funds must identify certain types of lost and former temporary resident accounts as unclaimed superannuation money and transfer amounts to the ATO every six months. Since 1 July 2013, any unclaimed superannuation money payments from the ATO to either individuals or active fund accounts includes interest, at a rate equivalent to the consumer price index, to preserve the value of these accounts. While the Treasury has policy responsibility, the ATO administers the program.

Australian Taxation Office, 2026-27 Portfolio Budget Statements, PDF page 261 reported

$15m 2026-27 Budget estimate

−$21m (−58.3%) on 2025-26 estimated actual

Traced to named suppliers and grant recipients

AusTender and GrantConnect record the agency, not the program, so contracts and grants are shown on the entity page.

Published lines

Each row is one line of the program’s expense table in the 2026-27 Portfolio Budget Statements – Program Expense Line Items, as published.

Line Kind 2025-26
estimated actual
2026-27
Budget estimate
Change Treatment Source
Taxation Administration Act 1953 - section 16 (Non-refund items) administered $37m $15m −$21m −58.3% reported Table 2.1.1, row 1276