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 system, facilitating operations under the SuperStream regulatory program's mandatory Data and Payment Standard. The GNGB, an industry-owned, not-for-profit organization, provides the essential governance framework for this critical network, ensuring employers and superannuation funds meet their obligations. 💰 **Funding Details:** The Australian Government has committed an additional $2.7 million over four years from 2024-25, alongside $0.7 million per year ongoing as part of the Treasury Portfolio's additional resourcing. This increases the annual grant to $1.349 million (adjusted for indexation), with a total available funding of $5.6 million. A new Grant Agreement will be established between the ATO (on behalf of the Commonwealth) and the GNGB. ✅ **Eligibility Criteria:** This grant is a closed, non-competitive opportunity. Eligibility is strictly limited to invited organizations only. * **Legal Name of Organisation:** Gateway Network Governance Body Ltd * **ABN:** 93 615 159 101 Applicants must have received a direct invitation from the department. 📖 **Application and Selection Process:** * **Selection Process:** Closed Non-Competitive. * **Application Instructions:** N/A (invitation-based). * **Other Instructions:** Refer to the attached Grant Opportunity Guidelines for detailed information on assessment and eligibility criteria. 🔍 **Keywords:** Australian Taxation Office (ATO), Gateway Network Governance Body (GNGB), Superannuation Transaction Network (STN), SuperStream, Data and Payment Standard, regulatory compliance, financial services, information technology, governance, superannuation system, Australia, non-competitive grant.