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In media release No 2013/030, issued 1 May 2013, the Minister for Financial Services and Superannuation and Minister for Employment and Workplace Relations, Bill Shorten, announced the release of draft regulations that represent the final stage of the Government's MySuper reforms and are aimed at helping Australians better understand how their fund is performing.

The draft regs propose amendments to Corporations Regulations 2001, First Home Saver Accounts Regulations 2008, Superannuation Guarantee (Administration) Regulations 1993 and Superannuation Industry (Supervision) Regulations 1994.

The closing date for submissions is Wednesday 15 May 2013.


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