🇦🇺 Australia / Retirement Rates

Australia Retirement Rates & Limits 2026

Official rates sourced from ATO, APRA, Department of Social Services, 2024-25 contribution caps and thresholds.

Last updated: 2026-06-27

Current Rates

Parameter	Value
Superannuation Guarantee Rate	11.5
Super Tax Concessional	15
Super Earnings Tax	15
Age Pension Single Annual Approx	26,065
Age Pension Couple Combined Annual Approx	39,296

Rules & Limits

Parameter	Value
Concessional Contributions Cap	30,000
Non Concessional Contributions Cap	120,000
Bring Forward Rule 3 Year Max	360,000
Bring Forward Total Super Balance Threshold	1,900,000
Downsizer Contribution Max	300,000
Downsizer Age Minimum	55
First Home Super Saver Scheme Max Withdrawal	50,000
First Home Super Saver Annual Max	15,000
Carry Forward Contributions Balance Threshold	500,000
Carry Forward Years	5
Division 293 Threshold	250,000
Age Pension Age	67
Preservation Age	60
Tax Free Component After 60	Yes
Total Super Balance For Ncap Eligibility	1,900,000

Notes

›The $30,000 concessional cap covers all concessional contributions: employer SG, salary sacrifice, and personal deductible contributions. From 2018-19, unused cap can be carried forward for up to 5 years if your total super balance is under $500,000.
›If your total super balance equals or exceeds $1.9 million on 30 June of the prior year, you cannot make non-concessional contributions. Excess contributions are returned plus 85% of associated earnings (taxed).
›Australians aged 55+ who sell their primary residence (held for 10+ years) can contribute up to $300,000 ($600,000 per couple) into super as a downsizer contribution. This does not count towards the non-concessional cap.
›Super withdrawals after age 60 from a taxed super fund are completely tax-free for Australian residents, covering both the tax-free and taxable components of the lump sum or pension.
›Self-Managed Super Funds (SMSFs) have the same tax concessions as public funds but require trustees to manage compliance. Only cost-effective above approximately $200,000 in assets due to fixed administrative costs.

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Parameter

Value

Superannuation Guarantee Rate

11.5

Super Tax Concessional

Super Earnings Tax

Age Pension Single Annual Approx

26,065

Age Pension Couple Combined Annual Approx

39,296

Rules & Limits

Parameter	Value
Concessional Contributions Cap	30,000
Non Concessional Contributions Cap	120,000
Bring Forward Rule 3 Year Max	360,000
Bring Forward Total Super Balance Threshold	1,900,000
Downsizer Contribution Max	300,000
Downsizer Age Minimum	55
First Home Super Saver Scheme Max Withdrawal	50,000
First Home Super Saver Annual Max	15,000
Carry Forward Contributions Balance Threshold	500,000
Carry Forward Years	5
Division 293 Threshold	250,000
Age Pension Age	67
Preservation Age	60
Tax Free Component After 60	Yes
Total Super Balance For Ncap Eligibility	1,900,000

Notes

›The $30,000 concessional cap covers all concessional contributions: employer SG, salary sacrifice, and personal deductible contributions. From 2018-19, unused cap can be carried forward for up to 5 years if your total super balance is under $500,000.

›If your total super balance equals or exceeds $1.9 million on 30 June of the prior year, you cannot make non-concessional contributions. Excess contributions are returned plus 85% of associated earnings (taxed).

›Australians aged 55+ who sell their primary residence (held for 10+ years) can contribute up to $300,000 ($600,000 per couple) into super as a downsizer contribution. This does not count towards the non-concessional cap.

›Super withdrawals after age 60 from a taxed super fund are completely tax-free for Australian residents, covering both the tax-free and taxable components of the lump sum or pension.

›Self-Managed Super Funds (SMSFs) have the same tax concessions as public funds but require trustees to manage compliance. Only cost-effective above approximately $200,000 in assets due to fixed administrative costs.