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lotl.com • Lesbians On The Loose Magazine
Most of us know how important
superannuation is to our well being and
quality of life once we retire but how much
time have you spent thinking about super?
e Australian Government has recently made
changes to legislation to make sure that lesbian and
gay couples have the same rights as everyone else when
it comes to super. e folks from HOSTPLUS Super
help us explain the changes and how you'll bene t:
You can help each other out.
Kind of like shouting your partner a nice meal on
a regular basis, same-sex de facto couples are eligible
for super contribution splitting, which means you
can direct a portion of your super straight into your
partner's super fund.
Sharing can be win-win.
In certain circumstances, if your partner earns less
than you, you may be eligible for a tax o set if you
make an a er-tax contribution to their super account
(called a 'spouse contribution' in super lingo).
If anything happens to you, your partner can get your
Only a few years ago, same-sex couples couldn't
receive a death bene t from their partner unless they
quali ed as nancially dependent or were in an inter-
dependent relationship. You can now leave your
super and insurance benefit to your de facto
partner. They'll also benefit from tax conces-
sions if it's a lump sum amount.
Your children are recognised as your children.
Previously, a child parented by a same-sex
couple was not necessarily deemed a 'depend-
ant' of both parents. Thankfully that's no
longer the case, and since the definitions have
changed, your child has all the same rights as
any other child. This means you and your part-
ner can make them a beneficiary for your super
If you break-up, your super can too.
When a relationship breaks down, money
is probably the last thing on your mind. Most
people will spend more time thinking about the
plasma than their super. But you should know
that if you have a de facto partner, you can en-
ter into an agreement that would see your super
split when you do, the same way as any other
asset. Best to speak to a lawyer about this one.
So if you're in a relationship, especially if one
of you earns a lot more than the other, or there
are kids involved, you should talk to a licensed
financial planner to get advice about how you
can best manage your super together.
HOSTPLUS is the super fund for employees in the
hospitality, tourism, recreation & sport industries. All
HOSTPLUS members have access to a FREE initial
fact- nding consultation with a licensed nancial
More info 1300 467 87587 or visit hostplus.com.au.
The S word
Changes to legislation mean there is no better time to think about your super...
events in their region.
As one participant put it, "This was a rare and
precious space in which to actually experience respect,
solidarity and collaboration across differences and get
a sense of what is possible."
The 7th National LGBT Health Conference was
convened for the rst time by the National LGBT
Health Alliance. The Alliance was itself initiated at
the previous Health in Difference Conference 2007
in Brisbane to be an effective voice at a Federal
level. With seed funding from 10 founding member
organisations, the Alliance was formally established in
2009 following the appointment of a staff member. In
the 10 months since incorporation as a company, it
has already grown to 86 members, including leading
LGBT health organisations, groups and individuals in
every state and territory.
The participation of Mark Butler, the Parliamentary
Secretary for Health, Senator Ursula Stephens, the
Parliamentary Secretary for Social Inclusion, and
Senators Louise Pratt and Rachel Siewert at Health in
Difference was an indication of political support for the
health and wellbeing of sexuality, sex and gender diverse
Australians. As was Senator Stephens' announcement
at the conference that a federal government working
group will address problems relating to sex in identity
documentation, an issue the Alliance and other trans
and intersex groups have prioritised. Unfortunately these
positive signals have not yet translated into nancial
support to enable the Alliance to continue its work, with
the Minister of Health turning down requests for funding
despite government support of similar peak bodies for
other marginalised groups.
Doing diversity requires infrastructure and that requires
funds the poorly resourced LGBT sector does not have. To
support a national framework for the LGBT sector to work
together, write to your MP and other decision makers and
join the National LGBT Health Alliance.
Gabi Rosenstreich is the Executive Director of
the National LGBT Health Alliance. Go to www.
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