The Australian Taxation Office (ATO) has issued a warning about misleading websites falsely claiming that the superannuation access age will increase to 70.
According to the ATO, the current superannuation preservation age remains at 60, and there are no planned changes from the beginning of next month.
These false claims, which have circulated online following the re-election of the Labor government, prompted the ATO to clarify the official rules.
Deputy Commissioner Emma Rosenzweig described the rumours as “classic fake news” and urged Australians to rely only on verified sources such as the ATO website, official super fund websites, or registered tax agents.
The ATO also cautioned against websites attempting to steal personal data, including Tax File Numbers (TFNs), myGov login credentials, and other identity details.
Australians were advised to think carefully before acting on information from unofficial websites or social media.
In addition, the ATO warned against individuals or companies offering “free expert tax advice” without proper credentials.
People should ensure any tax adviser they consult is either a registered tax agent or a qualified lawyer approved by the Tax Practitioners Board.
The ATO’s reminder comes as finance experts continue to stress the importance of long-term planning for superannuation amid ongoing market activity.
This warning is part of the ATO’s broader campaign to combat scams and misinformation affecting taxpayers and retirees.
