FirstTech
FY27 Pocket Guide
Age Pension calculator

  • First Home Super Saver Scheme (FHSSS)
    2026–27

    What are FHSS eligible contributions?

    FHSS eligible concessional contributions

    • voluntary employer contributions (e.g. salary sacrifice) made on or after 1 July 2017

    • voluntary personal deductible contributions made by the member on or after 1 July 2017

    Counts toward the concessional contributions cap

    FHSS eligible non-concessional contributions

    • voluntary non-concessional contributions made by the member on or after 1 July 2017

    Counts toward the non-concessional contributions cap

    FHSS eligible contributions permitted to be released

    Eligible contributions made in a financial year

    $15,000

    Eligible contributions made in total

    $50,000

    FHSS maximum release amount

    FHSS eligible non-concessional contributions

    100%

    FHSS eligible concessional contributions

    85%

    Associated earnings (calculated daily using the Shortfall Interest Charge (SIC))

    SIC

    Tax on assessable released amounts

    Associated earnings and eligible concessional contributions that are released from super are taxed at the member’s marginal tax rate less a 30% tax offset


  • Downsizer contributions
    2026–27 Downsizer contribution limit

      Downsizer contributions are limited to the lesser of:

    • $300,000 per person, less any downsizer contributions already made to that person’s superannuation fund from the sale of the same main residence, or

    • an amount equal to all or part of the capital proceeds received by a person (and their spouse, if relevant) from the sale of a main residence, less any downsizer contributions already made in respect of that person (and their spouse, if relevant) from the sale of the same main residence.

    Downsizer contributions can be made from the age of 55.

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