Join now
Log in

April 2025 Super booster newsletter

Choosing a super fund: Does size really matter?
Size can be an advantage when it comes to economies of scale and investment clout, but big is not always better. Read more.
Choosing a super fund: Does size really matter?
Size can be an advantage when it comes to economies of scale and investment clout, but big is not always better. Read more.
How carry-forward (catch-up) super contributions work
If you haven’t used all your concessional contributions cap in recent years you can play catch-up and get a handy tax concession to sweeten the deal. We explain how. Read more.
How carry-forward (catch-up) super contributions work
If you haven’t used all your concessional contributions cap in recent years you can play catch-up and get a handy tax concession to sweeten the deal. We explain how. Read more.
How myGov can help you keep track of your super
Your myGov account can help you do everything from consolidate multiple super accounts to checking how much more you could contribute this financial year. Read more.
How myGov can help you keep track of your super
Your myGov account can help you do everything from consolidate multiple super accounts to checking how much more you could contribute this financial year. Read more.
Protecting your super from cyber attacks and scams
Super scams are increasingly sophisticated and on the rise so it pays to learn how to detect and avoid them. Read more.
Protecting your super from cyber attacks and scams
Super scams are increasingly sophisticated and on the rise so it pays to learn how to detect and avoid them. Read more.
Super fund performance: Monthly returns to May 2025
After a nail-biting start to the year, super funds are on track for another cracking return of about 9% for the 2025 financial year, after the median Growth fund was up… Read more.
Super fund performance: Monthly returns to May 2025
After a nail-biting start to the year, super funds are on track for another cracking return of about 9% for the 2025 financial year, after the median Growth fund was up… Read more.
Super news for April 2025
Super funds’ cybersecurity alert, ‘Stay calm’ amid market storm, Death benefits handling under fire, Financial advice reforms, ASIC scam alert. Read more.
Super news for April 2025
Super funds’ cybersecurity alert, ‘Stay calm’ amid market storm, Death benefits handling under fire, Financial advice reforms, ASIC scam alert. Read more.

2025 year-end superannuation tips and traps

Thursday 15 May 2025 at 11:00 am AEST

Year-end strategies and procedures to get the best outcomes from your superannuation before the end of the 2024-25 financial year.

IN CASE YOU MISSED IT: Watch our previous webinar, When can I access my super? All conditions of release explained.

Q: I lived in a home for 18 years then we moved out to another home. After we moved out we rented the first home for 2 years and sold it last month. I am not sure if we are eligible to make a downsizer contribution from the proceeds as i understand we need to pass the ”main residence ” or partial ‘main residence ” for CGT purpose test. I understand we are partially exempted from CGT from the period we lived in and moved out. We fulfilled all other eligibility tests but not sure about this test. Can you please share your thoughts?

A: As the sale is partially exempt from CGT due to the main residence exemption it would qualify for a downsizer contribution if all other eligibility criteria are met.

The ATO states “To make a downsizer contribution, the capital gain or loss from the sale of the home must be disregarded, in whole or part, because the property has been treated as your main residence (for the purposes of the main residence exemption for CGT). A partial main residence CGT exemption (for the purposes of the downsizer contribution eligibility) may apply in a variety of situations, including where the home:

  • was not your main residence for the entire period of ownership
  • was used to produce assessable income (in whole or part) for a period of time during the ownership, or
  • is on land greater than two hectares.”

You can read more about the downsizer measure here.

Not knowing whether you’re on track can leave managing your super feeling like a mystery. A good quality calculator can offer the confidence you need and show how a few simple steps now could rewrite your future. Check our guides to using the Mercer and TelstraSuper tools.

Important: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions.

Superguide Pty Ltd ATF Superguide Unit Trust as a Corporate Authorised Representative (CAR) is a Corporate Authorised Representative of Independent Financial Advisers Australia, AFSL 464629.