|
Year
|
Maximum entitlement
|
Lower income threshold
|
Higher income threshold
|
2012-13
|
* see the note below next to the danger icon
|
2011-12
|
$1,000
|
$31,920
|
$61,920
|
2010-11
|
$1,000
|
$31,920
|
$61,920
|
2009-10
|
$1,000
|
$31,920
|
$61,920
|
2008-09
|
$1,500
|
$30,342
|
$60,342
|
2007-08
|
$1,500
|
$28,980
|
$58,980
|
2006-07
|
$1,500
|
$28,000
|
$58,000
|
2005-06
|
$1,500
|
$28,000
|
$58,000
|
2004-05
|
$1,500
|
$28,000
|
$58,000
|
2003-04
|
$1,000
|
$27,500
|
$40,000
|
In accordance with section 10A of the Superannuation (Government Co-contributions for Low Income Earners) Act 2003, the lower income threshold is indexed in line with AWOTE each income year. The new indexed amount is generally available each May. However, note that the amounts have been frozen for the 2010-11 and 2011-12 years.
|
The government has announced changes that, if passed by parliament, will apply to all contributions made from 1 July 2012:
- the maximum co-contribution entitlement will be $500
- the matching rate to be reduced to 50%
- the lower income threshold will remain $31,920, and
- the higher income threshold will be reduced to $46,920.
We will publish updated guidance if these announced changes become law.
|
Contributions made in the 2009-10 to 2011-12 years
|
|
If your personal super contribution is:
|
|
|
$1,000
|
$800
|
$500
|
$200
|
And your income is:
|
Your super co-contribution will be:
|
$31,920 or less
|
$1,000
|
$800
|
$500
|
$200
|
$34,921
|
$900
|
$800
|
$500
|
$200
|
$37,921
|
$800
|
$800
|
$500
|
$200
|
$40,921
|
$700
|
$700
|
$500
|
$200
|
$43,922
|
$600
|
$600
|
$500
|
$200
|
$46,922
|
$500
|
$500
|
$500
|
$200
|
$49,922
|
$400
|
$400
|
$400
|
$200
|
$52,922
|
$300
|
$300
|
$300
|
$200
|
$55,923
|
$200
|
$200
|
$200
|
$200
|
$58,923
|
$100
|
$100
|
$100
|
$100
|
$61,920
|
$0
|
$0
|
$0
|
$0
|
Contributions made in the 2008-09 year
|
|
If your personal super contribution is:
|
|
|
$1,000
|
$800
|
$500
|
$200
|
And your income is:
|
Your super co-contribution will be:
|
$30,342 or less
|
$1,500
|
$1,200
|
$750
|
$300
|
$32,342
|
$1,400
|
$1,200
|
$750
|
$300
|
$34,342
|
$1,300
|
$1,200
|
$750
|
$300
|
$36,342
|
$1,200
|
$1,200
|
$750
|
$300
|
$38,342
|
$1,100
|
$1,100
|
$750
|
$300
|
$40,342
|
$1,000
|
$1,000
|
$750
|
$300
|
$42,342
|
$900
|
$900
|
$750
|
$300
|
$44,342
|
$800
|
$800
|
$750
|
$300
|
$46,342
|
$700
|
$700
|
$700
|
$300
|
$48,342
|
$600
|
$600
|
$600
|
$300
|
$50,342
|
$500
|
$500
|
$500
|
$300
|
$52,342
|
$400
|
$400
|
$400
|
$300
|
$54,342
|
$300
|
$300
|
$300
|
$300
|
$56,342
|
$200
|
$200
|
$200
|
$200
|
$58,342
|
$100
|
$100
|
$100
|
$100
|
$60,342
|
$0
|
$0
|
$0
|
$0
|
Contributions made in the 2007-08 year
|
|
If your personal super contribution is:
|
|
|
$1,000
|
$800
|
$500
|
$200
|
And your income is:
|
Your super co-contribution will be:
|
$28,980 or less
|
$1,500
|
$1,200
|
$750
|
$300
|
$30,980
|
$1,400
|
$1,200
|
$750
|
$300
|
$32,980
|
$1,300
|
$1,200
|
$750
|
$300
|
$34,980
|
$1,200
|
$1,200
|
$750
|
$300
|
$36,980
|
$1,100
|
$1,100
|
$750
|
$300
|
$38,980
|
$1,000
|
$1,000
|
$750
|
$300
|
$40,980
|
$900
|
$900
|
$750
|
$300
|
$42,980
|
$800
|
$800
|
$750
|
$300
|
$44,980
|
$700
|
$700
|
$700
|
$300
|
$46,980
|
$600
|
$600
|
$600
|
$300
|
$48,980
|
$500
|
$500
|
$500
|
$300
|
$50,980
|
$400
|
$400
|
$400
|
$300
|
$52,980
|
$300
|
$300
|
$300
|
$300
|
$54,980
|
$200
|
$200
|
$200
|
$200
|
$56,980
|
$100
|
$100
|
$100
|
$100
|
$58,980
|
$0
|
$0
|
$0
|
$0
|
Contributions made in the 2004-05 to 2006-07 years
|
A one-off additional co-contribution doubles the co-contribution paid for the year ended 30 June 2006.
|
|
|
If your personal super contribution is:
|
|
|
$1,000
|
$800
|
$500
|
$200
|
And your income is:
|
Your super co-contribution will be:
|
$28,000 or less
|
$1,500
|
$1,200
|
$750
|
$300
|
$30,000
|
$1,400
|
$1,200
|
$750
|
$300
|
$32,000
|
$1,300
|
$1,200
|
$750
|
$300
|
$34,000
|
$1,200
|
$1,200
|
$750
|
$300
|
$36,000
|
$1,100
|
$1,100
|
$750
|
$300
|
$38,000
|
$1,000
|
$1,000
|
$750
|
$300
|
$40,000
|
$900
|
$900
|
$750
|
$300
|
$42,000
|
$800
|
$800
|
$750
|
$300
|
$44,000
|
$700
|
$700
|
$700
|
$300
|
$46,000
|
$600
|
$600
|
$600
|
$300
|
$48,000
|
$500
|
$500
|
$500
|
$300
|
$50,000
|
$400
|
$400
|
$400
|
$300
|
$52,000
|
$300
|
$300
|
$300
|
$300
|
$54,000
|
$200
|
$200
|
$200
|
$200
|
$56,000
|
$100
|
$100
|
$100
|
$100
|
$58,000
|
$0
|
$0
|
$0
|
$0
|
Contributions made in the 2003-04 year
|
|
If your personal super contribution is:
|
|
|
$1,000
|
$800
|
$500
|
$200
|
And your income is:
|
Your super co-contribution will be:
|
$27,500 or less
|
$1,000
|
$800
|
$500
|
$200
|
$28,000
|
$960
|
$800
|
$500
|
$200
|
$29,000
|
$880
|
$800
|
$500
|
$200
|
$30,000
|
$800
|
$800
|
$500
|
$200
|
$31,000
|
$720
|
$720
|
$500
|
$200
|
$32,000
|
$640
|
$640
|
$500
|
$200
|
$33,000
|
$560
|
$560
|
$500
|
$200
|
$34,000
|
$480
|
$480
|
$480
|
$200
|
$35,000
|
$400
|
$400
|
$400
|
$200
|
$36,000
|
$320
|
$320
|
$320
|
$200
|
$37,000
|
$240
|
$240
|
$240
|
$200
|
$38,000
|
$160
|
$160
|
$160
|
$160
|
$39,000
|
$80
|
$80
|
$80
|
$80
|
$40,000
|
$0
|
$0
|
$0
|
$0
|
Sections within Government contributions
Last Modified: Wednesday, 27 February 2013
|