Following today's release of the latest average wages data for the December 2025 quarter, we expect the ATO to confirm the following changes to super rates and thresholds, effective July 1st 2026…

Concessional contributions caps increase from $30,000 to $32,500
Non-concessional contributions caps increase from %120,000 to $130,000 (subject to super balance bring forward rules)
Lifetime CGT cap increase from $1.865m to $1.935m
General transfer balance cap increases from $2.0m to $2.1m
Maximum contribution base increases from $250,000 pa ($62,500 per quarter) to $270,830 pa.

More to come..

Rick Maggi CFP, Financial Advisor Perth, Westmount Financial