The Federal Government announced no new major reforms to superannuation in their 2011/12 Budget but they did announce a few changes and some clarification to existing policies.

There have been some changes for members who exceed their personal contribution cap.
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The concessional contribution cap for members over 50 years of age will not be indexed but will increase in line with the general concessional contribution cap.
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The income thresholds for the Government's Co-contribution will remain the same until 30 June 2013.
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Starting from July 2012, all employers must provide details of the employee's super contributions on the employee's payslip.
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The drawdown relief for members with an account-based pension has been extended but there are some changes.
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The Treasurer announced details of the Flood Levy and some changes to rebates and tax offsets.
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