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Government co-contributions.

You may be eligible for an extra super contribution from the Australian Government of up to $500. Check your eligibility today!

Money from the government for you to keep

If you’re a low-to middle income earner and make personal (after-tax) super contributions to your super, the government could pay up to $500 directly into your super each year.

Please note, eligibility criteria apply. To find out more continue reading below. 

Make an extra contribution into your super now

The government will only make a contribution to your super if you have made a personal contribution during the financial year and meet the eligibility criteria below. Think of it as the government rewarding your commitment to a financially fit future.

If you are eligible the government will add up to an extra 50 cents to every after-tax dollar you contribute up to $1,000. That’s up to $500 extra into your super each year, which could add up to thousands by the time you retire.

You can use the Super Co-Contribution calculator (available on ASIC’s MoneySmart website) to find out how much you may be eligible for

Eligibility for government co-contributions

To make sure you qualify for the government co-contribution just make sure you meet these requirements:

  • Make an after-tax superannuation contribution to a complying super fund (and the contribution is not otherwise deductible to you)
  • You earn less than $56,112 (2021-2022)
  • You’re a permanent Australian resident
  • You’re less than 71 years of age
  • Earn 10% or more of your income through eligible employment or running a business
  • Lodge a tax return for the financial year
  • Give Hostplus your TFN
  • On 30 June of the previous financial year of the contribution you have a Total Superannuation Balance- of less than $1.6 million for that financial year
  • Contribute less than the non-concessional contributions cap for the relevant financial year

Act now before you miss out. If you work part-time, these government co-contributions are perfect for you.

Find out more about the Government co-contribution scheme and whether or not you're eligible to get a super boost

*Your total superannuation balance is the total value of your accumulation and retirement phase interests (including rollover amounts not yet included in those interests) across all of your superannuation accounts, reduced by the sum of any structured settlement contributions.

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This website is issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Superannuation Fund (the Fund) ABN 68 657 495 890, MySuper No 68657495890198. Hostplus Self-Managed Invest (SMI) is issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL 244392 as trustee for the Hostplus Pooled Superannuation Trust (PST) ABN 13 140 019 340. It contains general advice only and does not take into account your personal objectives, financial situation or needs. You should consider if this information is appropriate for you in light of your circumstances before acting on it. Please read the relevant Hostplus Product Disclosure Statement (PDS) or Hostplus SMI PDS before making a decision about Hostplus. For a description of the target market, please read the Target Market Determination (TMD), available at hostplus.com.au. You can view detailed disclaimers here. Hostplus has engaged Industry Fund Services Limited (IFS) ABN 54 007 016 195, AFSL 232514 to facilitate the provision of personal financial advice to members of Hostplus. Advice is provided by financial planners who are Authorised Representatives of IFS. Fees may apply for Comprehensive Financial Advice, further information about the cost of comprehensive advice is set out in the relevant IFS Financial Services Guide, a copy of which is available from your financial planner. Hostplus has engaged Link Advice Pty Ltd ABN 36 105 811 836, ASFL 258145 to facilitate the provision of limited personal financial advice to members of Hostplus via the web-based product Super Adviser.