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Government co-contribution

The super co-contribution is designed to help low to middle-income earners boost their retirement savings.

If you are a low or middle-income earner and make personal (after-tax) super contributions to your super fund, the Federal Government will also make a contribution (called a co-contribution) up to a maximum of $500. The amount you receive depends on income and how much you contribute.

If you earn $36,813 or less for the 2017/18 financial year with 10% or more of your total income earnt through employment related activities or by carrying on a business, the Federal Government pays 50 cents for every dollar you contribute, up to a maximum of $500 a year. So if you contribute $1,000, you will receive a government contribution of $500.

If you earn more than $36,813 but less than $51,813 you may still be entitled to a government contribution, however your entitlement will be reduced based on your actual income and your contribution amount.

Your total incomeYour contributionGovernment co-contribution
$36,813 or less $1,000 $500
$42,813 $1,000 $300
$48,813 $1,000 $100
$51,813   $0


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