Super Co-contribution

Boost your super with a super co-contribution

If you are able to pay a little extra into your super before the end of financial year, the government may also make a contribution.

Known as a co-contribution, you could receive up to a maximum of $500 contribution from the government into your super account if you are eligible.

The amount of government co-contribution you receive depends on your income and how much you contribute.

How much super co-contribution can you get?

If you earn less than $45,400 in 2024-25 financial year, are eligible and make a personal (after-tax) contribution, you could receive a maximum of $500. The government will contribute 50c for every $1 you contribute up to a maximum of $500.

If eligible and you earn between $45,400 and $60,400 in the 2024-25 financial year, you may still receive a partial co-contribution. However, the more you earn, the less co-contribution you’ll receive.

If you earn more than $60,400, you can’t receive a co-contribution and may want to consider salary sacrifice.

Super contributions calculator

Use our super contributions calculator to see how much extra savings you’ll have from making extra contributions to your super. It will also show you the different ways of making contributions and (if applicable) estimated annual tax savings.

Super Contributions Calculator

Super co-contribution table 

The table shows what you could receive as a super co-contribution for the 2024-25 financial year based on how much you contribute as an after-tax contribution before 21 June 2025*:

Super co-contribution case study

Jess is 42, and earns $50,000 a year before tax. She wants to boost her super now her kids are in school and she’s returned to work part-time.

She decides to make an after tax (non-concessional) contribution of $250 a year (less than $10 per week), which will receive a government co-contribution of $125 per year. This will give her an extra $17,300 in her super at retirement¹.

How you receive the co-contribution

If you’re eligible, you don’t need to apply for the super co-contribution, as long as we receive your voluntary contribution by 21 June 2025² and have your Tax File Number on record.

Once you lodge your tax return for the 2024-25 financial year, the ATO will pay any eligible co-contributions into your First Super account automatically. Too easy!

Eligibility for the super co-contribution

You should be eligible for a Government co-contribution as long as:

• your total income for the 2024-25 financial year is less than $60,400
• you make an after-tax super contribution and haven’t claimed a deduction for it
• you haven’t contributed more than the non-concessional contributions cap of $120,000
• you lodge a tax return for that year of income
• you are a permanent resident of Australia and under 71 years of age
• you have supplied your Tax File Number to First Super, and
• at least 10% of your ‘total income’ comes from employment-related activities, and/or running a business.
• not hold a temporary visa at any time during the financial year (unless you are a New Zealand citizen or it was a prescribed visa)

You must provide First Super with your Tax File Number in order to be eligible.

Contribute today

Simply make your payment through a bank transfer (EFT) or BPAY® using the details provided below, quoting your reference number.

If you have received a letter or email from us, you’ll find your BPAY® Reference Number included. Otherwise, contact the Member Services Team for it on 1300 360 988 or by email.

Electronic Funds Transfer (EFT) Account Name: First Super BSB No: 083-355  Account No: 67-879-1379 Reference: Your First Super Member Number

I’ve made a payment

If you’ve made a payment, use this online form to let us know so we can match it in our system.

For more information please see the Australian Taxation Office’s Super co-contribution section.

We’re here to help. So let’s talk.

If you have any questions on this or any other super matter, please call our Member Services Team on 1300 360 988 or email us.

¹Things you should know about case study calculation:
Estimate uses the Super Contributions Calculator. In each projection year, eligibility for a government co-contribution is assessed based on salary and non-concessional contributions, being between the lower income threshold and the upper income threshold. The co-contribution income threshold is indexed according to wage inflation. Further assumptions available in the calculator assumptions.

²All money must have been received by First Super before 21 June 2025 to qualify for the 2024-25 financial year. 

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