Government co-contribution
Make your super a little sweeter thanks to a little incentive called a government co-contribution
Things you need to know



If you earn less than $56,112 a year, there are some other things you need to check to make sure you are eligible.
If you’re over the income threshold, check with your spouse/partner as they may be eligible.







To qualify you must not have contributed an amount more than your after-tax contributions cap for the relevant financial year.
You will not receive a co-contribution for any personal contributions you make that you claim a tax deduction for
Use the handy Co-Contributions Calculator* to see your
What is your total income?
Over isn’t eligible The maximum co-contribution you could receive isHow much do you intend to contribute?
Co-contributions you could receive
How much do you need to contribute to receive the maximum co-contribution?
You will need to contribute to receive the maximum co-contributionsHow to make a contribution
Direct Debit
Organise regular payments from your bank account or financial institution
Download form
® Registered to BPAY Pty Ltd ABN 69 079 137 518
* The maximum $500 co-contribution per financial year applies when an eligible member makes an after-tax contribution of $1000. The amount the government co-contribution reduces by 3.333 cents for every dollar you earn above the 2021-22 financial year lower income threshold of $41,112 per year, until you reach the higher income threshold of $56,112 per year, after which you will not be eligible to receive the government co-contribution.
^ Currently, if you’re aged between 67 to 74, you’ll need to meet the Government’s work test to make contributions to your super. The Government will remove the work test requirement from 1 July 2022. This applies to salary sacrifice and non-concessional (after tax) contributions, including spouse contributions. The work test will continue to apply for personal deductible contributions. To learn more about the work test, go to rest.com.au/facts