Local Super - Where members come first
 
 

Government Co-contribution Initiative

It's not often that the government gives you money – but that’s exactly what the Co-contribution initiative is all about.
There are two criteria to be eligible for the Co-contribution.

  • You contribute on an after-tax basis to your superannuation.
  • Your total income* is up to $61,920.
The maximum Co-contribution payable is $1,000 when your total income is up to $31,920 and you contribute $1,000 (after-tax) to your superannuation.

The Co-contribution is TAX-FREE and is something you can take advantage of each financial year.

To work out how much you could be eligible for use our Government Co-contributions calculator.

Maximising your investment and saving for your retirement has never been easier!