Starting 1 July 2026, key super limits will rise due to inflation and wage growth. This means you may be able to contribute more to your super. 

The changes are useful if you’re looking to build wealth in a tax-efficient environment or are approaching retirement. 

 

transfer balance cap increasing to $2.1 million 

 

The general transfer balance cap will rise from $2.0m to $2.1m. This cap limits how much you can transfer into the tax-free retirement phase. 

This is important to know if you are: 

  • close to retirement 
  • already receiving a pension 
  • considering ways to maximise tax-free income 

A higher cap allows more of your super to stay in the retirement phase, where earnings are tax-free.  

 

concessional contributions cap increasing to $32,500 

 

The concessional contributions cap will increase from $30,000 to $32,500 per year. 

These are your pre-tax contributions, which include: 

  • employer super guarantee 
  • salary sacrifice 
  • personal tax-deductible contributions 

 

Where applicable, this increase may assist with: 

  • lower taxable income 
  • boost super savings 
  • use catch-up contributions [if eligible]

 

non-concessional contributions increasing to $130,000 

 

The non-concessional contributions cap will increase from $120,000 to $130,000 per year. 

These contributions: 

  • come from after-tax money 
  • are not taxed when entering super 
  • Increase tax-free death benefits to adult beneficiaries

 

This is often relevant for clients who are: 

  • receiving an inheritance 
  • have extra cash available to contribute 
  • restructuring investments into super  

 

bring-forward rule up to $390,000 

 

Depending on your age and total super balance, you might be able to bring forward up to two years of contributions. This means you could contribute up to $390,000 at once. 

This can be especially useful for: 

  • major one-off contributions 
  • boosting super for pre-retirement planning 
  • moving non-super investments into a more tax-effective environment

Timing is important though, if you’ve already triggered the bring-forward rule in 2024–25 or 2025–26, you might not access the increased limits in 2026–27 until your current period ends.

 

why this matters 

 

The updated super caps provide an opportunity to review how super fits with your broader financial strategy.

Key strategies we’re reviewing include: 

  • managing concessional contributions caps each year 
  • using carry-forward concessional caps, if available 
  • timing non-concessional contributions  
  • managing total super balance thresholds 
  • planning for transition to retirement and pension phase caps

 

we’re here to help

These super contribution limits are worth factoring into your broader financial strategy, particularly as we start planning for the new financial year.

Reach out to our financial planners and super specialists on 1300BDEPOT or email us at oneplace@businessdepot.com.au, and we’ll help you understand the options for your situation. 

 

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disclaimer 

BusinessDEPOT Financial Planning Pty Ltd ABN 18 611 694 421, is an authorised representative of Count Financial Limited ABN 19 001 974 625 holder of Australian financial services licence number 227232 (“Count”). Count is owned by Count Limited ABN 111 26 990 832 of GPO Box 1453, Sydney NSW 2001. Count Limited is listed on the Australian Stock Exchange.

General advice warning: The advice provided is general advice only. In preparing it we did not take into account your investment objectives, financial situation or particular needs. Before making an investment decision on the basis of this advice, you should consider how appropriate the advice is to your particular investment needs, and objectives. You should also consider the relevant Product Disclosure Statement before making any decision relating to a financial product.