Lifting The Cap on Super Contributions

What’s changing for super contribution caps and bring forward provisions from 1 July 2026?

The release of February’s AWOTE figures results solidifies an increase to the concessional contributions cap, which will rise to $32,500 from 1 July 2026 (up from $30,000 in 2025/26). Additionally, the non-concessional contributions cap will also increase to $130,000. These updated contribution limits, along with the revised transfer balance cap, will also mean changes to the table of thresholds relevant for bring forward contributions.

New Concessional and Non-Concessional contribution limits and thresholds  

From 1 July 2026, we will see increased cap availability for the 2026/27 FY:

• Concessional contribution caps: from $30,000 pa to $32,500 p.a.

• Non-Concessional contributions (NCC) cap: from $120,000 pa to $130,000 p.a.

• General transfer balance cap: from $2 million to $2.1 million

• Bring-forward NCC provisions: $390,000 for three years (further details below)

New bring forward thresholds for 2026/27

The "bring forward rules" represent an important consideration for individuals seeking to increase their superannuation balances as retirement approaches. Key questions are often:

• What is the maximum superannuation balance required to be eligible for specific contributions?

• Are there important strategies or potential pitfalls to be aware of during this period?

The new table for 2026/27 will look much different to the current FY:

This table has changed significantly in recent years. In 2021/22, having $1.8m in super meant no non-concessional contributions could be made without exceeding the threshold ($1.7m).  

Previously, bring forwards were only allowed up to age 67, but now they're possible until age 75. For details on rules near age 75 we suggest discussing your individual circumstances.  

With the caps lifting and opportunities being greater, contribution planning is particularly noteworthy this year.

Strategic contribution opportunities

When change occurs in and around superannuation, if often presents extra emphasis on forward planning. In this instance, the level of contributions you can make in the remaining part of 2025/26 is likely to be quite different to what you will be able to contribute from 1 July 2026.  

Some key questions you should be considering:

• Should you vary our current contributions for the remainder of the financial year?

• What are the pros and cons of adding a lump sum this financial year compared to next?

• Will the change in balance transfer cap help your situation?

• If you are approaching or recently turned 75, could waiting cost you the opportunity to contribute all together?

Understanding the changes can be one thing, applying them to your own financial position can be another. We are here to help you navigate the questions above if you need a hand optimising your retirement planning.

Book a call with Kate Borch here