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Home / How super works / Super news / Federal Budget and superannuation

Federal Budget and superannuation

Federal Budget and superannuation

The federal budget is presented by the federal government each year, typically on the second Tuesday in May. The budget profiles the current government’s social and political priorities, and presents Australia’s economic outlook for the coming years.

The 2021 Federal Budget was announced by Treasurer Josh Frydenberg on Tuesday, 11 May 2021. For an overview of the superannuation, tax and retirement related announcements see SuperGuide’s 2021 Federal Budget overview.

Set out below are the latest guides that relate to federal budget and superannuation.

Federal Budget March 2025 overview

Federal Budget March 2025 overview

25 March 2025

Jim Chalmers delivered his fourth Federal Budget on 25th March 2025, and once again “cost-of-living measures” took centre stage.

Federal Budget May 2024 overview: Superannuation and retiree announcements

Federal Budget May 2024 overview: Superannuation and retiree announcements

14 May 2024

Jim Chalmers delivered his third Federal Budget on 14 May 2024, forecasting to deliver a surplus of $9.3 billion for this financial year. This would be the first time there have been back-to-back surpluses in nearly two decades, but the forecast surplus is less than the $22.1 billion last financial year.

Federal Budget May 2023 overview: Superannuation and retiree announcements

Federal Budget May 2023 overview: Superannuation and retiree announcements

9 May 2023

The second Budget of the Albanese Government holds the line on fiscal discipline, while acknowledging the pain that many Australian households now face with mounting cost of living pressures.

Women and super: Budget snapshot outlines the challenges

Women and super: Budget snapshot outlines the challenges

16 November 2022

In early reporting of the October Budget, the landmark Women’s statement was only briefly mentioned. We take a deep dive.

Federal Budget October 2022 overview: Super and retiree announcements

Federal Budget October 2022 overview: Super and retiree announcements

25 October 2022

The first budget delivered by Treasurer Chalmers is a ‘steady as she goes’ document with few surprises, and many of the key initiatives telegraphed widely before budget night.

2022 Federal Budget overview: Super, tax and retiree announcements

2022 Federal Budget overview: Super, tax and retiree announcements

29 March 2022

It was a quiet night for superannuation, but the Federal Budget provided some ‘cost of living’ announcements that could give millions of Australians a cash boost over the coming months.

2021 Federal Budget overview: Super, tax and aged care announcements

2021 Federal Budget overview: Super, tax and aged care announcements

11 May 2021

Removing SG’s $450 per month threshold and the work test, Enhancing the FHSSS, Downsizing and the Pension Loans Scheme.

2020 Federal Budget overview: Super, tax and related announcements

2020 Federal Budget overview: Super, tax and related announcements

7 October 2020

This year the headline announcements are the bringing forward of tax cuts already announced in the 2018 and 2019 Federal Budgets, but there are also some interesting announcements around superannuation.

2019 Federal Budget overview: Super, tax and related announcements

2019 Federal Budget overview: Super, tax and related announcements

2 April 2019

On 2 April 2019, Josh Frydenberg announced his first Federal Budget as Treasurer. There were only a handful of policies that directly relate to superannuation, but also tax cuts and a one-off energy payment for older Australians.

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