From 1 July 2025, there have been some updates to your super.
Here are some changes that might affect you:
1. The super guarantee has increased to 12%
From 1 July 2025, the super guarantee increased from 11.5% to 12%. This is the amount that your employer must contribute into your super account.
The 12% super guarantee will begin to apply for earnings (overtime excluded) after 1 July 2025. The first super quarter this rate will apply to will be 1 July 2025 – 30 September 2025.
If you are under 18, you still need to work 30 hours in a week to be eligible for super.
What to check:
- Your payslips for any super earned after 1 July 2025 is calculated at 12%.
- Your super account after 28 October 2025 to make sure your super is actually paid into your account.
2. The government co-contribution income thresholds have increased
The government co-contribution scheme is an incentive for individuals to make personal contributions to their super account. The government co-contributes up to 50c for every $1 you contribution, capped at $500. The co-contribution decreases progressively as your income increases.
The lowest income threshold has increased to $47,488 p.a. and highest income threshold has increased to $62,488 p.a. This could mean you’re eligible to receive the co-contribution this financial year!
| Financial Year | Lowest income threshold | Highest income threshold |
|---|---|---|
2025-26 (1 July 2025 – 30 June 2026) | $47,488 p.a. | $62,488 p.a. |
For example, if you make a $100 personal contribution into your super account and you earn below $47,488 p.a., you could be eligible for the best rate of co-contribution. The government will contribute $50 into your super account. This happens automatically when you lodge your tax return.
What to do next:
If you weren’t eligible for the co-contribution before, you could be now! Check your annual salary and see if you can take advantage of this government incentive for the 2025-26 financial year. Additional eligibility criteria applies, see the ATO website.
3. Super paid on Government funded parental leave
From 1 July 2025, super will be paid on government funded Parental Leave Pay at the super guarantee rate. For FY26, this will be 12%. Super will be paid into your nominated super account as a lump sum including an interest component at the end of each financial year which the Parental Leave Pay was paid.
This wraps up the changes our summary of changes for this financial year! It’s important to know what might affect your super, income and what incentives you might be eligible for this financial year.
