Superannuation (super) is Australias retirement savings system. Employers are required to contribute to your super fund on top of your salary.
Current superannuation rate
- Employer contribution: 11% of your ordinary time earnings (as of 2026)
- Scheduled to increase: 11.5% from July 2026
Key things to know
- Super is paid by your employer, not deducted from your take-home pay
- You can choose your own super fund
- Super is taxed at 15% within the fund (generally lower than marginal rates)
- You can make voluntary contributions to boost retirement savings
Estimate your super
Use our salary calculator to see estimated employer super contributions based on your salary.