Super Opportunities prior to 30 June

Are you eligible for the Government’s co-contribution?

If your income is below $36,813, you may be eligible for $500 co-contribution (phases out up to $51,813).

If you’re a low or middle-income earner and make personal (after-tax) contributions to your super fund, the government also makes a contribution (called a co-contribution) of 50% of your contribution, up to a maximum amount of $500 from the Government.


  • You are not entitled to a super co-contribution for any personal contributions you have made that have been allowed as a tax deduction;
  • 10% or more of your total income must come from employment-related activities, carrying on a business, or a combination of both.


Are you eligible to make a spouse contribution?

On 1 July 2017, the spouse income threshold increased, meaning more people are eligible to claim the tax offset for the 2017-18 and future financial years.

You may be able to claim a tax offset up to $540 if:

  • your spouse’s income is $37,000 or less (phases out when your spouse’s income reaches $40,000) and
  • you contribute to the eligible super fund of your spouse, whether married or de-facto.

There is no limit on the income of the spouse making the contribution.


Are you or your spouse or your children eligible for the Low Income Superannuation Tax Offset (LISTO)?

If your income is below $37,000 then you, your spouse or your children may be eligible for up to $500 payment to your super fund.

The LISTO is calculated on 15% of the concessional (before tax) super contributions you or your employer pays into your super fund. The maximum payment you can receive for a financial year is $500 and the minimum is $10.


For qualified, professional advice, talk with Ian today on 3822 7201.



Ian Chester-Master is a Certified Financial Planner with over 20 years’ experience and a Director of Your Financial Design P/L.

Your Financial Design Pty Ltd is a Corporate Authorised Representative (1233744) of Madison Financial Group Pty Ltd | AFSL No. 246679 | ABN 36 002 459 001.

General Advice Warning

Before acting on any information in this article, we recommend that you consider whether it is appropriate for your circumstances.  You should not act on any advice until we have fully considered your personal circumstances and provided you with a Financial Services Guide, Statement of Advice and Product Disclosure Statement/s.