Get a $500 gift from the government


How you ask?

From the superannuation co-contribution.

How do I qualify?

  1. Earn less than $49,488
  2. Have 10% of your income from employment activities

How does it work?

The government put in 50c for every $1 you contribute this financial year, up to this maximum of $500.
So to get the maximum of $500 per year, you need to put in $1,000 per year as an after tax contribution.

You won’t often find a potential 50% guaranteed return.

Contact your superfund for details on how to make a contribution.


Check how much co-contribution you qualify for with this calculator


This could be the easiest $500 you’ve ever earned! Got any more dosh boosting tips? Let me know below, comment below.


For more details, see SuperGuide’s article:

Leave a Reply

Your email address will not be published. Required fields are marked *