In 1985, Income Tax Ruling IT2201 had got it right in the application of actuarial mathematical formula to calculate contributions to fund up to Reasonable Benefits Limits. However, there are too many lawyer politicians who do not understand mathematical funding. Since IT2201 was repealed and Treasurer Costello's 1 July 2007 changes, we now have those with too much in super and those with too little in super ... Fixed caps on contributions is Treasury Policy to try to limit tax concessions, which is totally ignorant of the 1926 High Court decision for superannuation to provide an adequate income in retirement. Actuarial calculation of contributions works so the more you have in super, the less you are permitted to contribute. The less you have in super, the more you are allowed to contribute to achieve adequate funding for retirement. Wake up Australia ... Secondly, we are a country of immigrants with significant skilled shortages but tax law does not allow immigrants to rollover their preexisting foreign superannuation earned in a G20 taxed regulated country into Australian superannuation (taxed regulated has no advantage), they have to start from the beginning again with contributions caps, which is totally ignorant of actuarial mathematical funding for retirement. Treasury Policy is not actuarial funding smart. However, the sale of Teltra (all public asset) went into the Future Fund to fund the future unfunded retirement obligations for Commonwealth Public Employees and Politicians. That was a selected good funding decision, but we taxpayers on the outside are deprived of (1926) adequate funding while working, paying tax, school fees and other personal liabilities. The Treasurer and the Prime Minister should print IT2201 and reread it once a week to learn actuarial calculated funding. If you never calculate it, you will never get there.