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Superannuation Rate Australia 2025-26: The 12% Super Guarantee Explained

CQ

CalculatorQuest Editorial Team

Australian Tax & Finance Specialists

Australian Tax & FinancePublished February 20265 min readEditorial standards ↗

From 1 July 2025, Australian employers must pay a minimum 12% Super Guarantee (SG)on top of eligible employees' wages. This is the final step in the legislated schedule that started at 9.5% back in 2014.

Use our Australian pay calculator to see how super affects your overall remuneration package, or the retirement calculator to project your super balance.

Super Guarantee Rate History

Financial YearSG Rate
2021-2210.0%
2022-2310.5%
2023-2411.0%
2024-2511.5%
2025-26 onwards12.0% (final rate)

How Much Super Does Your Employer Pay?

Your employer must contribute at least 12% of your ordinary time earnings (OTE). OTE includes your base salary, allowances, over-award payments, and some bonuses. Here are some examples for 2025-26:

Annual SalaryEmployer Super (12%)Total Package
$50,000$6,000$56,000
$70,000$8,400$78,400
$100,000$12,000$112,000
$120,000$14,400$134,400
$150,000$18,000$168,000

Concessional Contributions Cap: $30,000

All concessional (pre-tax) contributions must stay within the $30,000 cap per financial year. This includes:

  • Employer SG contributions (12% of salary)
  • Salary sacrifice contributions you arrange with your employer
  • Personal deductible contributions you make and claim as a tax deduction

Example: If you earn $200,000, your employer pays $24,000 in SG. That leaves only $6,000 cap room for salary sacrifice. Exceeding the cap means excess contributions are taxed at your marginal rate.

Learn more about maximising your pre-tax contributions in our salary sacrifice guide.

Tax on Super Contributions

Concessional contributions are taxed at 15%within the super fund — much lower than most people's marginal income tax rate. For high earners (income above $250,000), an additional 15% "Division 293 tax" applies to concessional contributions, effectively making the rate 30% — still attractive compared to the 45% top marginal rate.

Income LevelSuper Tax RateMarginal RateTax Saving
Up to $45,00015%16%Modest
$45,001 – $120,00015%30%15% saving
$120,001 – $180,00015%37%22% saving
$180,001 – $250,00015%45%30% saving
Above $250,00030% (Div 293)45%15% saving

Non-Concessional (After-Tax) Contributions

You can also make non-concessional (after-tax) contributions to your super from your take-home pay. The annual cap is $120,000 (2025-26), or up to $360,000 in a single year using the 3-year bring-forward rule (subject to your total super balance).

After-tax contributions are not taxed again when you withdraw them in retirement (earnings in the fund are taxed at 15%).

How Much Super Should You Have?

According to ASFA and the ATO's benchmarks, here are rough targets by age for a comfortable retirement:

AgeBenchmark Balance (approx.)
30$50,000 – $60,000
40$135,000 – $160,000
50$270,000 – $320,000
60$450,000 – $550,000

These are rough guides. Your target depends on your desired retirement income and lifestyle. Use our retirement calculator for a personalised projection. Also see our guide: How much super should I have at my age?

Calculate Your Super and Take-Home Pay

See exactly how the 12% super guarantee affects your total package and retirement savings.

Sources: ATO Super Guarantee · Last updated: February 2026