- Federal Budget 2025-26
- Federal Budget 2024-25
- Superannuation Legislation 2024-25
Federal Budget 2025-26
The 2025-26 Federal Budget is aimed to deliver cost-of-living relief as well as boosts to health funding and Medicare, housing and education. The key announcement related to super are measures aimed at strengthening and expanding compliance with superannuation liabilities. Below is a summary of the measures and some previously announced proposed changes to super.
It’s important to note that the new measures in the Federal Budget are announcements only and may or may not be implemented.
Super announcements
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Australian Taxation Office (ATO) funding for unpaid super
The government has committed $50 million in additional funding over three years, from 1 July 2026, for an ATO program aimed at ensuring timely payment of tax and superannuation liabilities. Known as the Tax Integrity Program, it will focus on medium and large businesses and wealthy groups. This aims to provide employees with an estimated $31 million in unpaid superannuation over five years from 2024-25 financial year.
Other budget announcements
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Scams and fraud
The Government will provide $6.7 million in 2025–26 to extend the operation of the National Anti Scam Centre within the Australian Competition and Consumer Commission. This aims at continuing to protect consumers and businesses from scam activity. This measure builds on the 2023–24 Budget measure titled Fighting Scams.
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Vulnerable Australians
The Federal Budget includes several measures aimed at improving lives of vulnerable groups:
- $506.4 million over five years from 2024-25 (and an additional $12.3 million in 2029-30) under the National Agreement on Closing the Gap with First Nations Australians.
- $423.8 million over five years from 2024–25 (and $150 million per year ongoing) to support inclusion and build the capacity of people with disability and their families.
- $175.4 million over four years from 2025–26 (and $43.8 million per year ongoing) for the National Disability Insurance Scheme (NDIS).
- $21.4 million over three years from 2025-26, in additional measures to assist victim-survivors of family and domestic violence with engagement in the justice system.
Previous super announcements
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Super guarantee
From 1 July 2025, the super guarantee, that is - the percentage of your wage that your employer is required to pay into your super account, will increase from 11.5% to 12.0%.
Refer to the Australian Taxation Office (ATO) website for full details.
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Super on Government funded paid parental leave
The government-funded Paid Parental Leave (PPL) will begin on 1 July 2025. From 1 July 2026, payments will be made directly to individuals' superannuation funds. This policy is designed to reduce the impact of career breaks taken to care for young children on superannuation balances.
AustralianSuper has advocated for this change as a means to address structural inequalities that lead to lower superannuation balances for women at retirement.
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Payday Super
While Payday Super is not yet legislated, it is proposed to start on 1 July 2026. Under Payday Super, employers will be required to pay their employees’ super at the same time as their salary and wages. There was no change to this in the 2025-26 budget announcement. For more information click here.
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Changes to super tax concessions
On 28 February 2023, the Australian Government announced from 1 July 2025 a 30% concessional tax rate will be applied to future earnings for superannuation balances above $3 million, instead of the current 15%. This measure is not yet law.
Detailed information can be found on the ATO website and in the Treasury Superannuation Concessions Factsheet.
More information
As well as announcements relating to super, the 2025-26 Federal Budget includes details on tax cuts and a range of cost-of-living measures including an extension of the electricity rebate, giving households another $150 this year. You can find full details on all measures announced at Budget 2025-26.
