A payment made by the Government to the super fund of a low or
middle income earner to reward them for making personal
contributions to super. If you earn less than $37,697, the
Australian Government will contribute $0.50 for every $1.00 of
after-tax super contribution you make, up to a maximum of $500.
The maximum co-contribution will reduce if your income is higher
and no co-contribution is payable if you earn more than $52,697 a
Last updated: 27 Aug 2018