Depending on your income, you could be eligible for a government co-contribution into your super account of up to $500 a year when you make personal (after-tax) contributions to your super fund.
There is more free money on offer if you are eligible for the Low Income Superannuation Tax Offset (LISTO), which was previously called the Low Income Superannuation Contribution. If you’re eligible and earn up to $37,000, this is a payment of up to $500 from the federal government directly into your super account.
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