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Tax✓ Updated August 2026

Australia Superannuation & Retirement Growth Calculator 2026

Project your Australian superannuation balance at retirement for the 12% Super Guarantee (SG) rate (from 1 July 2025). Calculates employer contributions, voluntary contributions, 15% contribution tax (and Division 293 tax for high earners), compound investment returns, and monthly retirement drawdown.

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Frequently Asked Questions

What is the Superannuation Guarantee (SG) rate for 2026?

The Super Guarantee rate is 12% of ordinary time earnings from 1 July 2025 onwards. Employers must pay this compulsory contribution into your super fund at least quarterly.

How are super contributions taxed in Australia?

Concessional (pre-tax) contributions, including employer SG and salary sacrifice, are taxed at a concessional rate of 15% inside the super fund up to the annual cap of $30,000. Higher earners with income over $250,000 pay an additional 15% tax under Division 293.

What is Division 293 tax?

Division 293 tax is an additional 15% tax levied on concessional super contributions for individuals whose income plus concessional contributions exceed $250,000 per year, bringing their total contribution tax rate to 30%.

What is the concessional super contribution cap for 2026/27?

The concessional contribution cap is $30,000 per financial year. Contributions above this cap are taxed at your marginal income tax rate.

Disclaimer: Results are estimates based on standard tax rules for the 2026 tax year and are provided for informational purposes only. Individual circumstances (deductions, credits, specific state/local rules) may significantly affect your actual tax liability. Always consult a qualified tax professional or accountant for advice specific to your situation.