Super changes ahead: Hostplus keeps employers informed
Hostplus is committed to helping employers stay informed about upcoming changes to superannuation. Several key updates will take effect from 1 July 2025.
The most immediate change is the increase to the Superannuation Guarantee (SG) rate, rising from 11.5% to 12%. This will increase the minimum amount employers are required to contribute to eligible employees’ super.
The Federal Government will also begin paying super on government-funded paid parental leave. This measure is designed to improve retirement outcomes for parents taking time out of the workforce.
Other items of note include:
- Higher income thresholds for the government co-contribution scheme, which provides up to $500 for eligible low-to-middle income earners who make personal (after-tax) contributions. This means more employees may become eligible for this bonus boost to super.
- No change to the annual contribution caps, which remain at $30,000 (concessional) and $120,000 (non-concessional).
For more information, visit hostplus.com.au/july-changes
This information is factual in nature and does not take into account your personal objectives, financial situation or needs. Consider the relevant PDS and TMD available at hostplus.com.au before making a decision about Hostplus.
Issued by Host-Plus Pty Limited ABN 79 008 634 704 as trustee for the Hostplus Superannuation Fund ABN 68 657 495 890