There are key things you can do now to get your super working harder for the future. If you can, adding a little extra to your super could make you eligible for up to a $500 boost from the government1.
Get more from your super starting now
Grow your super faster, with a little extra help. If you earn less than $60,400 a year2, and make an additional contribution for this financial year before 23 June3, you could receive a government co-contribution to help you make most of your super.
Financial well-being matters now and for the future. Adding even a little more to your super now, if it suits your financial situation - can generate extra compounding investment returns in the long-term4.
Here’s everything you need to know about government co-contributions
The more you add, the more your super could grow4. Put simply, additional payments could help your super balance grow over time, thanks to compounding investment returns.
A helping hand for your future. If eligible, the government could match up to 50 cents for every dollar you contribute from your after-tax pay4 before the end of the financial year, up to a maximum of $500 each year.
Get the payment straight into your super account. This co-contribution gets paid directly into your super by the ATO after you’ve lodged your tax return, as long as we have your tax file number.
- Louise, age 35
- Pam, age 55
Louise makes her super go further with a super co-contribution
Louise is 35 and working part-time in administration. She’s recently returned to Australia after living overseas. During her travels, she hadn’t been contributing to super and she wanted to catch up. But that isn’t easy on $36,000 p.a. Louise can only afford to add $20 after tax per week to her super. The good news is she could boost this with a government co-contribution.
Am I eligible for a government co-contribution
There are a few requirements you’ll need to meet to qualify for the government co-contribution payment. Depending on your total income, this could be up to $500 in a government super boost. Here’s a quick checklist of the key criteria but keep in mind, other requirements apply:
1. Earnings
1. Earnings
To be eligible to receive a government co-contribution, you’ll need to earn under $60,4002 in the 2025 financial year and meet other eligibility criteria.
2. Age
2. Age
You must be under 71 years old at the end of the financial year.
3. Residency
3. Residency
You’ll also need to have been an Australian citizen or the holder of a permanent visa for the full financial year to be eligible for a co-contribution. However, temporary visa holders may be eligible if they’re a New Zealand citizen or the holder of a prescribed visa.
After tax contributions count towards your non-concessional cap.
What kind of co-contribution am I eligible for?
The size of your government co-contribution is related to what you earn, and how much you contribute. For example, if you make $45,400 or less2, you could receive the full $500 amount if you contribute $1,000 or more to your super after tax. If you earn less than $60,400², you could be eligible for a government co-contribution of up to $500.
We’ve made it easy to understand how you can contribute more to your super after-tax, and if eligible, receive a government co-contribution. It can also pay to learn about the other types of contributions you can make.
Know about government co-contribution rates
The government co-contribution amount depends on your total income and the amount you’ve contributed to your account. Check the table below to see how much you may be entitled to.
| TOTAL INCOME* | YOUR CONTRIBUTION | CO-CONTRIBUTION |
|---|---|---|
| $45,400 or less | $1,000 | $500 |
| $51,400 | $600 | $300 |
| $57,400 | $200 | $100 |
| $60,400 or more | Any amount | $0 |
^ If you claim a tax deduction for after-tax contributions, your contributions will be classed as before-tax (concessional) contributions and no longer eligible for the government co-contribution.
Refer to the ATO website for more information.
What you can do next
We’ve made it easy to understand how you can make after-tax contributions, see if you’re eligible for a government co-contribution and start saving extra for your future today. It can also pay to know about the other types of contributions you can make.
Contribute to your super before the end of the financial year
Contribute to your super before the end of the financial year
Make sure you contribute to your super before 23 June to claim the government co-contribution for this financial year.
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Important Information
- If you claim a tax deduction for after-tax contributions, your contributions will be classed as before-tax (concessional) contributions and no longer eligible for the government co-contribution. Your total superannuation balance must be below the general transfer balance cap on 30 June of the year before the contributions are made (for FY25 this is $1.9 million). You must also not have exceeded your applicable non-concessional contribution limit in the relevant financial year.
- Assessable income, plus reportable employer super contributions, plus reportable fringe benefits minus assessable first home super saver released amount (if any), minus allowable business deductions (relevant to businesses only) for the 2024/25 financial year.
- If you want to make a personal contribution to your super account before the end of the 2024/2025 financial year, you’ll need to submit it by 23 June 2025 to ensure it is received and allocated to your account by 30 June 2025. Contributions made after 23 June 2025 may not be allocated to your account prior to the end of the financial year. For more information on cut off dates, please see australiansuper.com/campaigns/eofy-cut-off.
- Before adding to your super, consider your financial circumstances, eligibility, contribution caps that may apply, tax issues and when your super can be accessed. We recommend you consider seeking financial advice.