Superannuation Contribution caps set to increase for 2026-27
|
Cap / Threshold |
2025–26 |
2026–27 |
|---|---|---|
|
Concessional contributions cap |
$30,000 |
$32,500 |
|
Non-concessional contributions cap |
$120,000 |
$130,000 |
|
Bring-forward cap (max) |
$360,000 |
$390,000 |
|
General transfer balance cap |
$2.0 million |
$2.1 million |
What this means
Concessional contributions cap: $32,500
This cap covers tax-deductible super contributions, including:
- Employer Super Guarantee contributions
- Salary sacrifice
- Personal deductible contributions
The increase from $30,000 to $32,500 means an additional $2,500 can potentially be contributed concessionally each year.
Non-concessional contributions cap: $130,000
This applies to after-tax personal contributions that are not claimed as a tax deduction.
The annual cap is expected to rise from $120,000 to $130,000.
Bring-forward rule increases to $390,000
Eligible individuals under age 75 may be able to bring forward up to three years of non-concessional caps.
That means the maximum bring-forward amount is expected to rise to $390,000.
Transfer balance cap increasing to $2.1 million
The general transfer balance cap (TBC) is scheduled to rise by $100,000 to $2.1 million.
This is important because the TBC limits how much can be transferred into tax-free retirement phase pensions.
Personal TBCs may differ
Not everyone automatically receives the full additional $100,000.
If someone has previously used part of their transfer balance cap, their personal cap increase is proportional to their unused cap space.
For example:
- Someone who has never started a retirement pension before 1 July 2026 may receive the full $2.1 million cap.
- Someone who already fully used their cap may receive no increase.
- Others may receive a partial increase.
Article posted 19/05/2026