Super Strategies – top up your Super with help from the Government

Home / News / Financial advice / Super / Retirement / Super Strategies – top up your Super with help from the Government

If your income is under a certain threshold, then making personal after-tax super contributions could enable you to qualify for a government co-contribution and take advantage of the low tax rate payable in super on investment earnings.


If you earn¹ less than $53,564 pa (of which at least 10% is from eligible employment or carrying on a business) and you make personal after-tax super contributions, the government may also contribute into your super account.

This additional super contribution, which is known as a co-contribution, could make a significant difference to the value of your retirement savings over time.

To qualify for a co-contribution, you will need to meet a range of conditions, but as a general rule:

  • The maximum co-contribution of $500 is available if you contribute $1,000 and earn $38,564 or less
  • A reduced amount may be received if you contribute less than $1,000 and/or earn between $38,564 and $53,564, and
  • You will not be eligible for a co-contribution if you earn $53,564 or more.

The Australian Taxation Office (ATO) will determine whether you qualify based on the data received from your super fund (usually by 31 October each year for the preceding financial year) and the information contained in your tax return.

As a result, there can be a time lag between when you make your personal after-tax super contribution and when the government pays the co-contribution.

If you’re eligible for the government co-contribution, you can nominate which fund you would like to receive the payment.

Alternatively, if you don’t make a nomination and you have more than one account, the ATO will pay the money into one of your funds based on set criteria.

Note: Some funds or superannuation interests may not be able to receive co-contributions. This includes unfunded public sector schemes, defined benefit interests, traditional policies (such as endowment or whole of life) and insurance only superannuation interests.


  • You can’t access super until you meet certain conditions.
  • You may want to consider other ways to contribute to super, such as salary sacrifice or personal deductible contributions.
Your Westlawn Financial Adviser can help you determine whether you should make personal super contributions and assess whether you will qualify for a government co-contribution.

Contact us today:

¹ Includes assessable income, reportable fringe benefits and reportable employer super contributions, less business deductions. Other conditions apply.



Source: MLC (National Australia Bank Limited ABN 12 004 044 937, AFSL 230686)

General Advice Disclaimer
All of the material published on this website is for information purposes only and does not constitute advice. This information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, we recommend you consider, with or without the assistance of a Financial Adviser, whether the information is appropriate in light of your particular needs and circumstances. Westlawn Wealth Management Pty Ltd ABN 32 124 861 409 Corporate Authorised Representative of Affinia Financial Advisers Limited ABN 13 085 335 397 AFSL No. 237857. Please note that Affinia Financial Advisers Limited is not responsible for the advice and services provided by Westlawn Finance Limited, Westlawn Insurance Brokers Pty Ltd, Westlawn Life Insurance Pty Ltd or Westlawn Business Services Pty Ltd.

We're here for you

8.45am to 5pm