Super rates & figures 2026/27 financial year

1 July 2026 to 30 June 2027

What's Changed for 2026/27

•    Division 296 begins 1 July 2026. An extra 15% applies to earnings on the part of a total super balance above $3m, and an extra 10% (25% total) above $10m. For 2026/27 only, your balance is tested at year-end.

•    A one-off CGT cost-base reset option also applies as at 1 July 2026 for Division 296.

•    Concessional cap up to $32,500 (from $30,000).

•    Non-concessional cap up to $130,000 (from $120,000), with bring-forward limits rising to $260,000 and $390,000.

•    Transfer balance cap up to $2.1m (from $2.0m); all TSB-linked thresholds step up with it.

•    Super guarantee stays at 12%; the maximum contribution base moves from a quarterly to an annual figure ($270,830).

Minimum Pension Drawdowns

The same factors apply to transition-to-retirement pensions.

Age at 1 July (or at commencement)	Minimum drawdown
Under 65	4%
65 – 74	5%
75 – 79	6%
80 – 84	7%
85 – 89	9%
90 – 94	11%
95 or more	14%

Contribution Caps

Cap / contribution	2026/27	Notes
Concessional (CC)	$32,500	Up from $30,000. Employer + salary sacrifice + personal deductible.
Carry-forward CC	Up to 5 yrs unused	Available where total super balance was under $500,000 at 30 June 2026.
Non-concessional (NCC)	$130,000	Up from $120,000. Nil if TSB was $2.1m or more at 30 June 2026.
Bring-forward NCC	$390,000 / $260,000 / $130,000	Three- / two- / one-year, set by TSB at 30 June 2026 (table below). Under age 75.
Downsizer	$300,000	Age 55+; from sale of a main residence owned 10+ years. Not TSB-tested.
CGT cap (lifetime)	$1,935,000	Small business CGT amounts; does not count toward CC or NCC caps.
Super guarantee	12%	Max contribution base $270,830 (now an annual figure for 2026/27).

Non-Concessional Bring-forward - Set by total Super Balance 30 June 2026

Total super balance at 30 June 2026	Max NCC	Bring-forward period
Under $1.84m	$390,000	3 years
$1.84m to under $1.97m	$260,000	2 years
$1.97m to under $2.1m	$130,000	1 year (annual cap only)
$2.1m or more	Nil	Any NCC is an excess contribution

Key Caps & Thresholds

Threshold	2026/27	2025/26
General transfer balance cap	$2,100,000	$2,000,000
Personal TBC range	$1.6m – $2.1m	$1.6m – $2.0m
Defined benefit income cap	$131,250	$125,000
Govt co-contribution (TSB limit)	Under $2.1m	Under $2.0m
– income thresholds	$49,293 / $64,293	$47,488 / $62,488
Spouse contribution offset (TSB)	Under $2.1m	Under $2.0m

Centrelink - Age Pension

Rates and thresholds current from 20 March 2026; these reindex on 20 September 2026. Maximum rates include the Pension Supplement and Energy Supplement.

Age Pension – maximum rate	Per fortnight	Per year
Single	$1,200.90	$31,223.40
Couple (each)	$905.20	$23,535.20
Couple (combined)	$1,810.40	$47,070.40

Income test (per fortnight)	Full pension up to	No pension at/above
Single	$218	$2,619.80
Couple (combined)	$380	$4,000.80

Assets test	Full pension up to	No pension at/above
Single, homeowner	$321,500	$722,000
Single, non-homeowner	$579,500	$980,000
Couple, homeowner (combined)	$481,500	$1,085,000
Couple, non-homeowner (combined)	$739,500	$1,343,000

•    Tapers — income above the free area reduces the pension by 50c per $1 (single) or 25c per member of a couple; assets above the free area reduce it by $3 per fortnight for every $1,000.

•    Deeming — financial assets are deemed to earn 1.25% up to $64,200 (single) or $106,200 (couple combined), and 3.25% on the excess.

•    Work Bonus — the first $300 per fortnight of employment or self-employment income is set aside from the income test; unused amounts bank up to $11,800, with a one-off $4,000 credit for new pensioners.

•    Commonwealth Seniors Health Card — income limits of $101,105 (single) and $161,768 (couple combined); reindexed each 20 September.

•    Age Pension age is 67 (born on or after 1 January 1957).

General information only, current as at 25 June 2026. Super figures are confirmed 2026/27 rates; Centrelink figures apply from 20 March 2026 and reindex on 20 September 2026. This does not take into account your objectives, financial situation or needs, and is not personal financial or taxation advice. Figures may be affected by indexation, legislative change and your individual circumstances. Please speak with us before acting.