To assist eligible individuals save for their retirement, the government will match personal (after-tax) superannuation contributions made up to certain limits.
The maximum co-contribution is $500. The amount of co-contribution you can receive depends on how much you contribute and what your level of income is.
For this current 2026 financial year, when an eligible individual’s taxable income reaches $47,488 the co-contribution is reduced by a sliding scale until their income reaches $62,488 by which time the co-contribution is reduced to nil.