Key Super Changes for the new financial year

The following is a brief summary of the changes to superannuation for the 2025-26 financial year:

Super Guarantee (SG) increase

The SG rate has increased from 11.5% to 12% of an employee’s ordinary time earnings.   This is the final scheduled increase in the SG rate. 

Transfer Balance Cap (TBC) Increase

From 1 July 2025, the general transfer balance cap increased from $1.9 million to $2 million.   The transfer balance cap is the limit of how much of your super accumulation balance can be used to commence a retirement phase income stream.

If you have previously commenced an income stream with your superannuation, but did not utilise the entire transfer balance cap at the time, you may also benefit from the uplift to $2 million.

Total Super Balance (TSB) increase

The TSB has also increased to $2 million (up from $1.9 million) from 1 July 2025.   The TSB is the combined balance of your superannuation accounts.   The TSB determines your eligibility to make personal after-tax contributions to super, including whether you can access the bring-forward provision.

If you would like to make a time with one of our dedicated financial advisers, please don’t hesitate to contact us.