AUSTRALIA · GRANT

Gateway Network Governance Body: Superannuation Transaction Network Management

Gateway Network Governance Body: Superannuation Transaction Network Management Grant 📊 Overview: This grant, issued by the Australian Taxation Office (ATO), supports the Gateway Network Governance Body (GNGB) in its crucial role of managing the integrity of the Superannuation Transaction Network (STN). The STN is fundamental to the Australian superannuation…

Key facts

Agency
Australian Taxation Office
Location
NSW
Status
Open
Opened
19 Aug 2024
Closing
Ongoing
Funding
$5.6M
Categories
271002 - Information Technology

Summary and scope

The Gateway Network Governance Body (GNGB) is an industry owned, not-for-profit organisation, whose main purpose is to manage the integrity of the Superannuation Transaction Network (STN). As the STN underpins the superannuation system, the GNGB plays a key role in providing a governance framework for the STN and ensuring that the STN continues to assist employers and superannuation funds in meeting their obligations under the mandatory Data and Payment Standard from the SuperStream regulatory program. In Budget 2024-25, the Government provided an additional $2.7 million over for 4 years from 2024-25 (and $0.7 million per year ongoing as part of the Treasury Portfolio – additional resourcing measure) to increase the grant to $1.349 million per year (adjusted for indexation) to support the GNGB in continuing to manage the integrity of the STN. A new Grant Agreement will be entered into between the ATO (on behalf of the Commonwealth) and the GNGB.

Eligibility

To be eligible you must be one of the listed organisation/s and have received an invitation from the department: Legal Name of Organisation: Gateway Network Governance Body LtdABN: 93 615 159 101

Source and freshness

Source update date not provided

Information shown is sourced from public opportunity records. Official buyer documents and addenda take precedence for deadlines, eligibility and submission requirements.