Superannuation rates and thresholds

You can find out the latest super and retirement-related rates, thresholds and caps that are indexed in line with rising prices, or indexed in line with average weekly earnings.

Indexation is a system of varying an amount (e.g. a benefit, wages, prices) in line with the movement of an appropriate index. Indexing to the Consumer Price Index (CPI), for example, means an amount rises in line with prices generally and, therefore, maintains its purchasing power (or real value).

You can also find out the latest contributions caps, income tax rates and other relevant rates and thresholds.

Set out below are all SuperGuide articles explaining Superannuation rates and thresholds.

Superannuation rates and thresholds for 2014/2015 year   Super Guide

For the 2013/2014 year, the concessional contributions caps for over-60s has jumped to $35,000, while the concessional cap for everyone else remains at $25,000.

Q: Where do I go to find a calculator that helps me work out how much co-contribution I will be entitled to, and how much super I need to contribute to get that co-contribution?

Cashing in on the co contribution rules (2014/2015 year)   Super Guide

The federal government is giving away money to anyone who makes a non-concessional (after-tax) contribution to their super fund, and who earns less than $49,488 a year (for the 2014/2015 year). The tax-free giveaway is officially called the co-contribution scheme.

Your 2014/2015 guide to non concessional (after tax) contributions   Super Guide

Non-concessional contributions are more popularly known as after-tax contributions. Such contributions are subject to a contributions cap, which sets a limit on the amount of after-tax contributions that you can make in one year.

Australian income tax rates for the 2014/2015 year, (and for 2013/2014 year)   Super Guide

The tax rates applicable for the 2014/2015 year and future years are set out in the tables below. We have also included the tax rates for the 2013/2014, 2012/2013 and 2011/2012 years (including the low-income threshold for the Medicare levy) at the end of the article, for your reference and convenience.

Superannuation contributions: Wearing two caps   Super Guide

Q: Are the caps relating to ‘concessional’ and ‘non-concessional’ contributions regarded as separate? Can I contribute $25,000 concessional and $450,000 non-concessional sums to my super fund for the 2013/2014 year?

Minimum pension payments back to normal for 2013/2014 year, and for 2014/2015 year   Super Guide

When you start a superannuation account-based pension you must withdraw a minimum amount each year, based on your age and size of your account balance, to enable the earnings on your super pension account to be tax-exempt.

Age Pension: March 2014 rates now available   Super Guide

A single person eligible for the full Age Pension can now expect an annual Age Pension income (including supplement, and Clean Energy Supplement) of around $21,913.

Super contributions: Juggling two caps is not excessive   Super Guide

Q: For a taxpayer aged over 50, can a total contribution of $175,000 this year ($150K non concessional and $25k concessional) and a total contribution of $475,000 next financial year ($450k non concessional and $25K concessional) be made without attracting penalty tax?

Medicare Levy increase helps pay for NDIS   Super Guide

The National Disability Insurance Scheme has become a reality with a guaranteed financial contribution sourced directly from taxpayers, and promised contributions from the states of Australia. Bravo to the federal government, state governments and to t …