How super grows
Your employer pays 12% of your ordinary earnings into super. Contributions are taxed at 15% when they enter the fund, and investment earnings are taxed at up to 15%. The concessional contributions cap is $30,000 for 2026-27, including employer contributions and salary sacrifice.
Fees have a big long-term impact: 0.5% a year less in fees can add tens of thousands of dollars by retirement.
FAQ
How much super should I have at 30?
ASFA suggests around $50,000–$60,000 at 30 to be on track for a comfortable retirement.
What is the concessional cap for 2026-27?
$30,000 a year, including employer super guarantee.
Is salary sacrifice worth it?
For most people earning above $45,000, yes: contributions are taxed at 15% instead of 32–47%.