🇦🇺 Australia / Pension Rates

Australia Pension Rates & Limits 2026

Official rates sourced from ATO, APRA, Department of Social Services, Super and retirement data 2024-25.

Last updated: 2026-06-27

Current Rates

Parameter	Value
Superannuation Guarantee Rate 2024 25	11.5
Superannuation Guarantee Rate 2025 26	12
Super Tax Rate Concessional	15
Super Earnings Tax Rate	15
Division 293 Tax Rate	15
Age Pension Single Fortnightly	1,002.5
Age Pension Couple Combined Fortnightly	1,511.4

Parameter	Value
Concessional Contributions Cap	30,000
Non Concessional Contributions Cap	120,000
Non Concessional Bring Forward 3 Years	360,000
Total Super Balance Ncap Full	1,900,000
Division 293 Income Threshold	250,000
Catch Up Contributions Eligible Balance Max	500,000
Preservation Age	60
Retirement Access Full Age	65
Age Pension Age	67
Sbr Threshold For Employer Contributions	350,000

›The Superannuation Guarantee rate increases to 12% from 1 July 2025 (up from 11.5% in 2024-25). Employers must pay SG on ordinary time earnings; failure to pay carries the Super Guarantee Charge.
›Concessional contributions ($30,000 cap) include employer SG, salary sacrifice, and personal deductible contributions. Unused cap can be carried forward up to 5 years if total super balance is under $500,000.
›Non-concessional contributions ($120,000/year, or $360,000 over 3 years via bring-forward) are made from after-tax income and cannot be claimed as a deduction.
›High-income earners (income + contributions > $250,000) pay an additional 15% tax on concessional contributions (Division 293), bringing the effective rate to 30%.
›The Age Pension (from age 67) is means-tested. Assets test: full pension single to $295,500 (homeowner); income test: full pension single if income under $204/fortnight. Rates are indexed to CPI and Male Total Average Weekly Earnings.