The AWOTE numbers announced today do not result in an increase to the contribution caps so the concessional cap of $27,500 remains unchanged as does the $110k non-concessional cap.
The increase to the general transfer balance cap has shifted the 3 year bring forward pivot points though.
| Maximum NCC Cap | Current | From 1 July 2023 |
| $330,000 | <1.48m | <$1.68m |
| $220,000 | $1.48m-$1.59m | $1.68m – $1.79m |
| $110,000 | $1.59m – $1.7m | $1.79m – $1.9m |
| NIL | >$1.7m | >$1.9m |
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