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Superannuation5 min read

Super Co-Contribution Scheme

The Super Co-contribution Scheme is an under-utilised strategy for low- and middle-income earners to boost their superannuation savings. Under the scheme, eligible individuals who make a non-concessional (after-tax) personal contribution to their super fund may receive a government co-contribution of up to $500.

The government contributes 50 cents for every $1 of eligible after-tax contributions you make, up to a maximum government co-contribution of $500. To receive the maximum co-contribution you generally need to contribute $1,000 to your super, subject to applicable income thresholds.

You do not need to apply for the Super Co-contribution Scheme or complete any additional forms. Once the Australian Taxation Office (ATO) processes your tax return and confirms your eligibility, the government co-contribution is automatically paid directly into your super fund. This may occur several weeks or months after lodging your tax return.

Eligibility requirements

To be eligible for the Super Co-contribution Scheme, you must:

  1. Make a non-concessional (after-tax) personal contribution to your super fund during the relevant financial year.
  2. Have a total income of less than $64,293 for the 2026-27 financial year.
  3. Derive at least 10% or more of your income from employment or carrying on a business.
  4. Be less than 71 years of age at the end of the financial year.
  5. Not hold a temporary visa at any time during the financial year (unless an exception applies).
  6. Lodge an income tax return for the relevant financial year.
  7. Have a total superannuation balance less than $2.1 million as at 30 June 2026.
  8. Not exceed your non-concessional contributions cap ($130,000 for the 2026-27 financial year).

Income thresholds (2026-27)

2026-27 IncomeGovernment Co-contribution
Up to $49,293Up to $500
$49,294 - $64,293Reduced amount
Above $64,293Nil

Use the Super Co-contribution Calculator below to estimate the government co-contribution you may be entitled to based on your income and eligible after-tax super contribution.

Super Co-Contribution Calculator

Estimate your government super co-contribution for the 2026-27 financial year. The ATO pays up to $500 (50 cents per $1) on eligible personal after-tax contributions.

$

Assessable income + reportable fringe benefits + RESC − FHSS releases − business deductions

$

Non-concessional contribution you plan to make (not claimed as a tax deduction)

$

Income from employment or carrying on a business (10% test)

Must be under 71 to qualify

$

Must be below $2,100,000 for 2026–27

Will lodge tax return

Required for the ATO to pay the co-contribution

Claiming contribution as tax deduction

Must be off for co-contribution eligibility

Within non-concessional cap

You have not exceeded your NCC cap

Held a temporary visa

Generally disqualifies unless NZ citizen or prescribed visa

Estimated Government Co-Contribution

$500

Based on 2026–27 ATO thresholds

Your Contribution

$1,000

Total Super Boost

$1,500

Maximum entitlement (income test)$500.00
Effective match rate50.0%
Income phaseFull entitlement — income at or below $49,293

You appear to meet the main eligibility criteria. The ATO calculates and pays the co-contribution automatically after you lodge your tax return.

2026–27 thresholds

Lower income: $49,293 · Higher income: $64,293

Total income = assessable income + reportable fringe benefits + reportable employer super contributions − FHSS released amounts − allowable business deductions.

How different contribution amounts could affect your co-contribution at your current income.

Why the scheme is valuable

The Super Co-contribution Scheme provides an immediate government incentive to increase your retirement savings. For eligible individuals, contributing $1,000 of after-tax money to super can result in an additional $500 being contributed by the government.

For many low- and middle-income earners, this represents an immediate 50% return on their personal contribution before any investment earnings, making it one of the most effective ways to boost superannuation savings.

Ready to put this into practice?

Use our calculators to model your specific situation and create a plan.

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