As at 1 July 2012, all individuals have a cap of $25,000 for all concessional superannuation contributions. Previously people over 50 years old had a cap on their concessional contributions of $50k – as opposed to the standard $25k for all other individuals. This higher cap expired on 30 June 2012. The Government was considering … Continue reading Deferral of higher concessional contributions cap for individuals aged 50 and over