Superannuation Changes from 1 July 2026: What You Need to Know
Date Published
The upcoming superannuation updates effective 1 July 2026 introduce higher contribution caps and increased balance thresholds—creating new opportunities for strategic retirement planning.
In this guide, we break down the key changes and what they mean for your super strategy.
Key Superannuation Changes in 2026
From 1 July 2026, several important super thresholds will increase, including:
Concessional Contributions Cap
Non-Concessional Contributions Cap
Total Superannuation Balance (TSB) thresholds
Transfer Balance Cap (TBC)
These adjustments are indexed in line with wage growth and aim to help Australians grow their retirement savings more efficiently.
Concessional Contributions Cap Increases to $32,500
Concessional contributions include:
Employer contributions
Salary sacrifice
Personal contributions (with tax deduction)
Current cap (2024–2026): $30,000
New cap (from 1 July 2026): $32,500
This increase allows higher pre-tax contributions into your super, potentially reducing your taxable income while boosting retirement savings.
Non-Concessional Contributions Cap Rises to $130,000
Non-concessional contributions are made from after-tax income and are not tax-deductible.
Current cap: $120,000
New cap: $130,000
This is particularly relevant for individuals looking to grow their super using personal savings or lump sum contributions.
Total Superannuation Balance (TSB) Threshold Increases to $2.1 Million
Your TSB determines eligibility for:
Non-concessional contributions
Government co-contributions
Spouse contribution tax offsets
New threshold: $2.1 million (up from $2 million)
You can check your TSB via Australian Taxation Office online services through myGov.
Updated Bring-Forward Rule Limits
The bring-forward rule allows you to contribute up to 2–3 years’ worth of non-concessional caps in one year.
New thresholds (from 2026–2027):
< $1.84M TSB: Up to $390,000 (3 years)
$1.84M–$1.97M: Up to $260,000 (2 years)
$1.97M–$2.1M: Up to $130,000 (1 year)
≥ $2.1M: Not eligible
⚠️ Important: If you triggered the bring-forward rule before 2026, the old caps still apply.
Transfer Balance Cap (TBC) Increases to $2.1 Million
The TBC limits how much super can be transferred into a tax-free retirement account.
New cap: $2.1 million (up from $2 million)
Each individual will have a personalized cap, depending on prior usage and indexation.
Why This Matters for Your Strategy
These updates create opportunities to:
Contribute more into super tax-effectively
Accelerate retirement savings using the bring-forward rule
Reassess pension and accumulation strategies
Reviewing your super before 1 July 2026 can help you maximize these benefits.
Important Considerations
Updated thresholds may not appear immediately on official platforms
Final figures are typically confirmed by the Australian Taxation Office closer to implementation
Contribution strategies must align with your personal financial situation
Should You Seek Advice?
For tailored strategies, consider speaking with one of our licensed financial advisers at Success Accounting Group. Keep in mind that:
Trustees remain legally responsible for decisions
Professional advice should align with your long-term retirement goals