Technical update: Updates to Age Pension, Family Tax Benefit (FTB) and confirmation of 2025/26 super values
Release date 8 July 2025
Summary
Updates to Age Pension Income and Assets tests
Update to Family Tax Benefit parts A and B
Confirming new super thresholds are in place
Update to Age pension Income and Assets test
For the Age Pension, the income test, assets test and Deeming rate (for singles and couples) have been updated for the 2025/26 financial year.
For more details, see the following pages from the Department of Human Services:
https://www.servicesaustralia.gov.au/income-test-for-age-pension?context=22526
https://www.servicesaustralia.gov.au/assets-test-for-age-pension?context=22526
Update FTB parts A and B
For the Family Tax Benefit parts A and B, the payments, supplement and test thresholds have been updated for the 2025/26 financial year.
For more details, see:
https://www.servicesaustralia.gov.au/income-test-for-family-tax-benefit-part?context=22151
Confirmation of 2025/26 super guarantee, annual contribution caps, and transfer balance cap
From 1 July 2025, we can confirm that the the following changes are in place in the modelling:
2024/25 | 2025/26 | Notes | |
---|---|---|---|
Super guarantee | 11.5%pa | 12%pa | This was already implemented and applied in the modelling. |
Concessional contributions cap | 30,000 | 30,000 | This was already applied. |
Transfer balance cap | 1,900,000 | 2,000,000 | This was updated in a previous release. |
Notes for existing users - Refresh your results!
For consistency, if you are in the middle of working on a case, refresh your results by clicking the Start solve button for scenarios with existing results created on or before the release date of 7 July 2025. If you are unsure when your results were created, see How to check when your results were created. Note that some numbers in your results may change when these new assumptions are applied.