Super Guarantee payment

From 1 July 2026, the super-guarantee payment required to be paid by employers to member super accounts will remain at 12.0%.

Super payments on government funded parental leave
From 1 July 2026, payments will be made directly to individuals' superannuation funds. 

Payday super

Payday is proposed to start on 1 July 2026 and will require employers to pay their employees’ super at the same time as their salary and wages. 

Super tax concessions on large super balances

From 1 July 2026, a 30% concessional tax rate would apply to earnings generated for superannuation balances above $3 million, instead of the current 15%. The new tax is to be included under proposed new Division 296 of the Income Tax Assessment Act 1997 ..

Contribution limits

There will be a change to the annual contribution limits for the 2026 / 2027 financial year. The  concessional contribution cap will be $32,500 p.a. and the non-concessional annual cap will be $130,00, or $390,000 under the bring forward rules.

The Total Super Balance (TSB) and the Transfer Balance Cap (TBC) will be increased to $2.1m from 1 July 2026.