16 June 2026
July 1st EOFY changes
- regulatory
The following is a list of changes that come into effect 1st of July 2026 across all our suite of calculators.
These are accessible before July 1st right now on any of our Staging versions of our calculators by adding ?regulationsYear=2027 to the address bar (this only works on Staging and will not work on the Live versions)
Super Changes
Super Guarantee
rate remains at 12%
Max contribution base
changed from $250,000/year ($62,500/quarter) to $270,830/year
There is no longer a per-quarter limit and it is only a yearly limit due to the introduction of Payday Super
Transfer Balance Cap
changed from $2 million to $2.1 million
Tax Changes
Income Tax Rate
Tax Bracket $18,201 – $45,000 tax rate changing from 16% to 15%
Concessional Contribution Caps
Concessional contribution cap increased from $30,000 to $32,500
Non-concessional contribution cap increased from $120,000 to $130,000
Division 296 Tax
Division 296 is a new tax starting 1 July 2026 that adds 15% on earnings attributable to a member’s Total Superannuation Balance above $3 million, and 25% on the portion above $10 million (unrealised gains excluded). It’s assessed on members individually, not the fund, with the first assessments based on the 2026–27 financial year.
Medicare Levy Changes
Medicare Levy low-income threshold
Changed for singles from $27,222 to $28,011
Medicare Levy upper-income threshold
Changed for singles from $34,027 to $35,013
Co Contribution
Co contribution lower income threshold
Changed from $47,488 to $49,293
Co contribution upper income threshold
Changed from $62,488 to $64,293
Pension Changes
Pension Deeming Threshold
Single Deeming Threshold increases from $64,200 to $66,800
Couple Deeming Threshold increases from $106,200 to $110,600
ASFA Quarterly Budget Changes (March quarter 2026)
Single Person Modest
Annual Budget changing from $35,503 to $36,434
Target Balance remains at $110,000
Budget Category | Old Value ($) | New Value ($) |
|---|---|---|
Housing | 131.38 | 132.44 |
Energy | 40.02 | 47.91 |
Food | 117.22 | 118.44 |
Communications | 32.89 | 33.07 |
Household | 40.76 | 40.39 |
Clothing | 21.52 | 22.30 |
Transport | 110.28 | 118.81 |
Health | 59.28 | 60.55 |
Leisure | 126.78 | 124.07 |
Single Person Comfortable
Annual Budget changing from $54,840 to $55,923
Target Balance remains at $630,000
Budget Category | Old Value ($) | New Value ($) |
|---|---|---|
Housing | 154.42 | 155.71 |
Energy | 50.7 | 60.70 |
Food | 151.55 | 153.13 |
Communications | 45.54 | 45.79 |
Household | 80.19 | 80.07 |
Clothing | 28.78 | 29.79 |
Transport | 180.31 | 194.33 |
Health | 120.29 | 122.67 |
Leisure | 238.79 | 229.14 |
Couple Modest
Annual Budget changing from $51,299 to $52,473
Target Balance remains at $120,000
Budget Category | Old Value ($) | New Value ($) |
|---|---|---|
Housing | 148.45 | 149.77 |
Energy | 53.75 | 64.35 |
Food | 217.31 | 219.57 |
Communications | 45.54 | 45.79 |
Household | 48.11 | 47.76 |
Clothing | 40.94 | 42.39 |
Transport | 117.3 | 126.24 |
Health | 114.86 | 117.22 |
Leisure | 196.49 | 192.14 |
Couple Comfortable
Annual Budget changing from $77,375 to $78,566
Target Balance remains at $730,000
Budget Category | Old Value ($) | New Value ($) |
|---|---|---|
Housing | 161.25 | 162.61 |
Energy | 62.88 | 75.28 |
Food | 263.41 | 266.15 |
Communications | 58.69 | 59.01 |
Household | 101.64 | 101.41 |
Clothing | 53.59 | 55.48 |
Transport | 195.13 | 210.19 |
Health | 225.46 | 229.70 |
Leisure | 360.21 | 345.27 |