Dentists on notice, super being used to pay for cosmetic surgery

Key points

• Applications for compassionate release of superannuation have fallen five per cent, according to new Australian Taxation Office data. The tax office says predatory practices by some health practitioners and third-party facilitators still push people to access their super for financial gain, including for cosmetic dental procedures.
• Approved amounts may be taxable and could affect eligibility for government payments. The value approved rose two per cent to more than $1.4 billion.
• Since July 1, 2025, the tax office has started more than 160 reviews and audits and imposed penalties of more than $1.5 million.