Superannuation
Permanent reduction to the superannuation co-contribution
The Government will permanently retain the matching rate for the superannuation co-contribution at 100%, however the maximum co-contribution will be limited to $1,000.
Superannuation co-contribution: Suspension to the indexation of the income threshold for two years
The Government will freeze, for two years, the indexation applied on the income threshold above which the maximum superannuation co-contribution begins to phase down. This measure will freeze these thresholds at $31,920 and $61,920 for 2010/11 and 2011/12.
