The following contribution caps will apply for the 2026/27 financial year.  The contribution caps determine the amount of contributions which receive favourable tax treatment.  If the contribution caps are exceeded, then the excess amount will receive less favourable tax treatment. 

Concessional Contributions Cap – will be $32,500

Concessional contributions are any contribution made by an employer and personal contributions where the member has claimed a tax deduction for the contribution.

The cap will be $32,500 for the 2026/27 financial year (an increase of $3,500 over the cap for the previous year).

Non-concessional Contributions Cap – will be $130,000

Non-concessional contributions are personal contributions by a member, where the member is not or cannot claim a tax deduction for the contribution.

The cap will be $130,000 for the 2026/27 financial year (an increase of $10,000 over the cap for the previous year).

Carry forward non-concessional contribution Cap – will be $390,000

A member may (subject to certain age restrictions and available transfer balance cap space) contribute up to $390,000 of personal contributions over the bring forward period (of up to three consecutive financial years).  

The cap will be $390,000 and covers the 27, 28 and the 29 financial years.  

CGT non-concessional contributions Cap – will be $1,935,000

CGT non-concessional contributions are personal contributions made by a member where the member had derived or received small business CGT concessions (being the 15 year concession or the retirement concession).  They are not tax deductible.

The cap will be $1,935,000 for the 27 financial year.  This is a lifetime cap and is not subject to the general transfer balance cap. 

General Transfer Balance Cap  -  will be $2,100,000

This cap limits the amount of super which can move from the accumulation phase to the pension phase of super.  It does not apply to the pension balance – so pension balances can exceed $2,100,000 without losing the tax-free status of investment earnings in pension phase.

The General Transfer Balance Cap also applies to limit the amount of personal contributions for which no tax deduction is claimed or can be claimed.

The cap will be $2,100,000 for the 27 financial year (an increase of $100,000 over the cap for the previous financial year).  This is also a lifetime cap.  A member who has commenced a pension in a previous financial year will only be entitled to a portion of the increase based upon the extent to which they have not already exhausted their lifetime cap.

Downsize Contributions – no change in the cap of $300,000

In general terms, Downsizer Contributions are personal contributions for which the person making the contribution has not claimed a tax deduction and, which does not exceed their entitlement from the sale price of a residence they have owned for at least 10 continuous years immediately prior to the sale and, which residence qualified in part during that period as the principal place of residence for the member or for the member’s spouse.  The contribution must be made when the member is aged 55 or more and made within 90 days of the completed sale of the residence.

This cap has not been increased since 2017.