• Withdrawal options for excess contributions to be extended to non-concessional contributions. Individuals will be given the option of withdrawing superannuation contributions in excess of the non-concessional contributions cap made from 1 July 2013 and any associated earnings, with these earnings to be taxed at the individual's marginal tax rate.

• Rescheduling of the superannuation guarantee rate increase to 12% will be changed with the rate to increase to 9.5% on 1 July 2014.