Boost your super

Boost your super covers how much your employer must pay into your superannuation fund, how much you can contribute, the tax-free bonus the Government gives you, contribution strategies and everything you need to know about making personal superannuation contributions.

Boost your super also has special sections on Superannuation Guarantee (SG), Co-contributions and Salary Sacrifice

Below are some of our key Boost your super articles:

Set out below are all SuperGuide articles explaining Boost your super.

2016 Federal Budget summary: Superannuation shock for Australians

On 3 May 2016, the federal treasurer Scott Morrison released the first federal budget of his career, and he has made some radical changes to the super rules.On first read of the super changes, Scott Morrison may indeed raise $2.9 billion over 4 years by introducing the super changes, but I think … [Read more...]

Super tax refund for lower-income earners to extend beyond June 2017

In a welcome backflip, as part of its 2016 Federal Budget release on 3 May 2016, the Coalition government has announced it will extend the Low Income Super Contribution (LISC) beyond its legislated expiry date of June 2017. The only change is that it will be renamed as the Low Income Superannuation … [Read more...]

Double contributions tax for more high-income earners

Note: Currently, anyone earning an adjusted taxable income of more than $300,000 pays an extra 15% tax (total of 30%) on super contributions. Previously, the ALP had announced a policy to bring the income thresholds down to $250,000, and the Coalition government support lowering the threshold to … [Read more...]

Concessional contributions cap for over-50s to be slashed from July 2017

On 3 May 2016, as part of the 2016 Federal Budget, the Coalition government has announced it intends to scrap the over-50s concessional (before-tax) contributions cap of $35,000, and reduce the general concessional contributions cap to $25,000, from its current $30,000, taking effect from July 2017. … [Read more...]

Super stinker: Immediate cut to non-concessional contributions caps

On 3 May 2016, as part of the 2016 Federal Budget, Scott Morrison mucked up the retirement planning of countless Australians when he immediately cut the non-concessional (after-tax) contributions cap, taking effect from 7.30pm on 3 May 2016.The Coalition government has introduced a $500,000 … [Read more...]

Super contributions: Over-50s concessional cap (10 Q&As)

In this article, you can find the answers to 10 popular questions received by readers on the concessional (before-tax) contributions cap for over-50s.For a comprehensive guide on concessional contributions, see SuperGuide article Super concessional (before-tax) contributions: 2015/2016 survival … [Read more...]

Investment performance: We’re the best super fund. No, we’re the best…

Note: Every 6 months, we update this article with the latest performance data on superannuation funds and pension funds, released by 3 rating agencies. This article contains the investment results for the best performing super funds up to 31 December 2015. For performance data relating to later … [Read more...]

Mirror, mirror… what super fund is the best-performing fund of all?

Note: SuperGuide updates this article every 6 months with the latest performance and super fund data. Discover the best ‘value for money’ super fund for 2016, the super (pre-retirement) fund of the year for 2016, and the pension (retirement) fund of the year for 2016. This article lists the top 10 … [Read more...]

Super contributions caps for the 2015/2016 year

The superannuation contributions caps for concessional (before tax) and non-concessional (after tax) contributions will not increase for the 2015/2016 year. The contributions caps applicable for the 2015/2016 year, will be the same limits in place for the 2014/2015 year. Concessional … [Read more...]