Under the 2008 De Facto Financial Matters Act, which financial matter could de facto couples have split?

• A. It could only apply to property settlements
• B. It could now apply to have superannuation benefits split
• C. It only affects tax liabilities
• D. It excludes retirement funds

Answer: (B)

The main idea is that the act expanded what can be divided when a de facto relationship ends to include retirement savings held in superannuation. This means superannuation benefits could be split as part of the financial settlement, treating retirement funds as assets in the same way as property. This reflects the goal of ensuring a fair division of assets accumulated during the relationship. It’s not about tax liabilities, and it doesn’t exclude retirement funds—the opposite is true: retirement funds are included for splitting.