Caps Will Increase from 1 July 2026

26 Feb 2026

Written by

David Busoli, Principal

Now that the AWOTE figures have been released we can confirm that contribution caps will increase from 1 July 2026. We already knew that, based on the December CPI figures, the General Transfer Balance Cap would increase from $2m to $2.1m as at 1st July 2026. The combined effect is as follows:

The current year position is as per this table.

TSB @ 30 June 2025Max NCC
Less than $1.76m$360,000
$1.76m to under $1.88m$240,000
$1.88m to under $2m$120,000
$2m and over$0

The 1 July 2026 position is as per this table.

TSB @ 30 June 2026Max NCC
Less than $1.84m$390,000
$1.84m to under $1.97m$260,000
$1.97m to under $2.1m$130,000
$2.1m and over$0

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