Your EOFY Super Checklist
There are a number of small but powerful super strategies that can make a real difference before 30 June. The article covers key contribution caps, how to check your available room through myGov, and when strategies like salary sacrifice or personal deductible contributions may be worthwhile. It also explains the rules around carry‑forward contributions, spouse contributions, and the government co‑contribution, plus what’s expected to change from 1 July 2026. Overall, it’s a practical guide to making the most of this year’s super opportunities.
Building Super as a Couple
We explore why couples often end up with uneven super balances and what they can do about it. We outline the options available – such as contribution splitting, spouse contributions, the co‑contribution, and the new parental‑leave super payments – and how each can help bring balances closer together over time. The article emphasises that more balanced accounts can improve tax outcomes, Centrelink flexibility, and retirement planning options. It’s a helpful overview for couples wanting to build a stronger long‑term position together.
Payday Super & Parental Leave Super
These are two major reforms designed to strengthen retirement outcomes. From 1 July 2026, employers will need to pay super with each pay cycle rather than quarterly, improving transparency and compounding for millions of Australians. The second reform introduces super on government‑funded Parental Leave Pay, helping reduce the long‑term savings gap experienced during career breaks. Both changes are significant improvements to the way super reaches your account.
Q & A
- My partner and I have quite different super balances. Is there a way to move some of my super across to help even things out?
Contribution splitting allows one partner to transfer part of their concessional contributions to the other, helping even out balances over time and improving flexibility in retirement planning.
- I work part‑time and my income isn’t very high. Is there anything the government offers to help boost my super?
Eligible low‑income earners may receive a government co‑contribution of up to $500 when they make a personal after‑tax super contribution, offering a simple way to boost long‑term savings.
- I’m about to go on parental leave – how does the new super on Paid Parental Leave work?”
The government will now pay 12% super on Parental Leave Pay as an annual lump‑sum contribution, helping reduce the super gap that often arises during time away from work.
