Today we released the updated Retirement Income Simulator for the 2026-27 financial year.
- New 15% tax rate on up to $45,000 threshold
- Co-contribution eligibility income threshold to $49,293
- SG maximum contributions base to $270,833
- Age pension means test and deeming thresholds
- Underlying indexed values of contribution caps and transfer balance cap
- New Div 296 earnings tax on balances over $3m and $10m
In addition, disclosure relating to these parameters was updated.