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Annual reports – Government co-contributions

Annual reports from the ATO on the operation of the Australian Government superannuation co-contribution scheme.

Last updated 4 September 2023

1 July 2022 to 30 June 2023

Report from the Commissioner of Taxation under subsection 54(2) of the Superannuation (Government Co-contribution for Low Income Earners) Act 2003 and related regulations on the working of the Act during the period 1 July 2022 to 30 June 2023.

The total number of beneficiaries of government co-contributions

412,563

The total amount of government co-contributions made

$129,856,000

The total amount of government co-contributions recovered

$1,432,000

Notes:

This report includes entitlements determined during the 1 July 2022 to 30 June 2023 financial year.

  1. A determination of entitlement occurs once both an individual’s eligibility and the amount of their entitlement have been established.
  2. Each beneficiary is only counted once regardless of the number of entitlements received for the financial year.
  3. The total amount recovered includes all amounts overpaid as a result of a subsequent amendment to an individual’s income tax assessment or a change to the superannuation contributions reported for that individual.
  4. Both the total amount of government co-contributions determined and the total amount recovered are rounded up to the next whole $1,000.
The number of beneficiaries with total income for government co-contribution purposes in each of the following total income ranges:

Total Income Range

Beneficiaries relating to 2019-20 and Earlier

Beneficiaries relating to 2020-21

Beneficiaries relating to 2021-22

Beneficiaries determined in 2022-23

Under $0

170

392

2,881

3,443

$0 to $999

225

338

3,200

3,763

$1,000 to $1,999

224

235

2,294

2,753

$2,000 to $2,999

188

188

2,340

2,716

$3,000 to $3,999

189

206

2,387

2,782

$4,000 to $4,999

185

230

2,596

3,011

$5,000 to $5,999

212

238

2,858

3,308

$6,000 to $6,999

191

215

2,796

3,202

$7,000 to $7,999

159

240

2,956

3,355

$8,000 to $8,999

188

196

3,207

3,591

$9,000 to $9,999

178

209

3,239

3,626

$10,000 to $10,999

165

220

3,504

3,889

$11,000 to $11,999

184

221

3,742

4,147

$12,000 to $12,999

199

241

3,937

4,377

$13,000 to $13,999

207

244

4,056

4,507

$14,000 to $14,999

199

259

4,318

4,776

$15,000 to $15,999

226

296

4,581

5,103

$16,000 to $16,999

204

267

4,791

5,262

$17,000 to $17,999

233

315

5,117

5,665

$18,000 to $18,999

284

390

5,752

6,426

$19,000 to $19,999

256

382

5,693

6,331

$20,000 to $20,999

359

531

6,626

7,516

$21,000 to $21,999

283

492

6,539

7,314

$22,000 to $22,999

303

528

6,780

7,611

$23,000 to $23,999

220

586

7,456

8,262

$24,000 to $24,999

306

555

6,887

7,748

$25,000 to $25,999

281

576

7,280

8,137

$26,000 to $26,999

308

580

7,220

8,108

$27,000 to $27,999

281

561

7,170

8,012

$28,000 to $28,999

290

590

7,357

8,237

$29,000 to $29,999

341

575

7,300

8,216

$30,000 to $30,999

301

643

7,641

8,585

$31,000 to $31,999

317

690

7,625

8,632

$32,000 to $32,999

371

664

7,542

8,577

$33,000 to $33,999

360

626

7,696

8,682

$34,000 to $34,999

339

625

7,702

8,666

$35,000 to $35,999

406

656

7,816

8,878

$36,000 to $36,999

396

645

8,151

9,192

$37,000 to $37,999

425

709

8,027

9,161

$38,000 to $38,999

429

676

8,283

9,388

$39,000 to $39,999

432

767

8,279

9,478

$40,000 to $40,999

491

731

8,465

9,687

$41,000 to $41,999

459

754

8,246

9,459

$42,000 to $42,999

456

768

8,502

9,726

$43,000 to $43,999

487

749

8,635

9,871

$44,000 to $44,999

514

785

8,866

10,165

$45,000 to $45,999

510

927

9,707

11,144

$46,000 to $46,999

585

775

8,864

10,224

$47,000 to $47,999

473

775

8,959

10,207

$48,000 to $48,999

542

833

8,771

10,146

$49,000 to $49,999

536

793

8,699

10,028

$50,000 to $50,999

549

881

8,687

10,117

$51,000 to $51,999

510

755

8,495

9,760

$52,000 to $52,999

443

824

8,377

9,644

$53,000 to $53,999

203

766

8,622

9,591

$54,000 to $54,999

54

627

8,207

8,888

$55,000 to $55,999

54

0

8,316

8,370

$56,000 to $56,999

42

0

945

987

$57,000 to $57,999

31

0

0

31

$58,000 to $58,999

30

0

0

30

$59,000 to $59,999

23

0

0

23

$60,000 to $60,999

17

0

0

17

$61,000 to $61,999

15

0

0

15

Total

18,038

29,540

364,985

412,563

Notes:

  1. The low number of beneficiaries in total income ranges above $52,999 are as a result of higher total income thresholds in prior years.
The number of beneficiaries whose spouse's taxable income fell within each of the following ranges:

Spouse Taxable Income Range

Number of spouses determined 2019-20 and Earlier

Number of spouses determined 2020-21

Number of spouses determined 2021-22

Number of spouses determined 2022-23

Under $0

84

240

1,495

1,819

$0 to $4,999

350

646

8,437

9,433

$5,000 to $9,999

196

363

5,161

5,720

$10,000 to $14,999

225

414

6,417

7,056

$15,000 to $19,999

266

622

7,334

8,222

$20,000 to $24,999

362

988

8,694

10,044

$25,000 to $29,999

289

791

7,917

8,997

$30,000 to $34,999

252

806

7,591

8,649

$35,000 to $39,999

336

837

7,480

8,653

$40,000 to $44,999

277

856

7,909

9,042

$45,000 to $49,999

279

816

8,494

9,589

$50,000 to $54,999

262

716

7,762

8,740

$55,000 to $59,999

229

640

7,563

8,432

$60,000 to $64,999

271

569

7,105

7,945

$65,000 to $69,999

261

494

6,911

7,666

$70,000 to $74,999

250

456

6,603

7,309

$75,000 to $79,999

254

462

6,350

7,066

$80,000 to $84,999

212

438

6,099

6,749

$85,000 to $89,999

194

397

5,736

6,327

$90,000 to $94,999

223

409

5,629

6,261

$95,000 to $99,999

216

404

5,261

5,881

$100,000 and above

2,589

5,438

62,518

70,545

Total

7,877

17,802

204,466

230,145

 

The number of beneficiaries who did not have a spouse at the end of the financial year

161,643

 

The number of beneficiaries whose spouse's taxable income was not able to be determined

20,775

QC25777