Government Schemes and Benefits in Australia
Savings incentives, family payments, pensions and home buying help in Australia, each with a link to the official page.
Savings and Retirement
Superannuation Guarantee
Your employer must pay 12% of your earnings into super. Since 1 July 2026, under Payday Super, it must reach your fund within 7 business days of each payday instead of quarterly.
Official siteGovernment Co-Contribution
If your income is under $64,293 in 2026-27 and you make an after tax contribution to super, the government adds up to $500, the full amount below $49,293.
Official siteLow Income Super Tax Offset
If you earn up to $37,000, the government pays back the tax on your concessional super contributions, up to $500 a year.
Official siteFirst Home Super Saver Scheme
Save for a first home inside super with voluntary contributions, up to $15,000 a year and $50,000 in total, then release them for a deposit.
Official siteFamily and Income Support
Family Tax Benefit
Fortnightly payments to help with the cost of raising children, based on family income.
Official siteChild Care Subsidy
Pays part of your childcare fees directly to the provider, based on family income. Since 5 January 2026, eligible families get at least 3 days a week subsidised whatever their hours of work or study.
Official sitePaid Parental Leave
Government funded parental leave pay for eligible working parents, with super paid on it for babies born or adopted from July 2025.
Official siteBuying a Home
5% Deposit Scheme
Buy with a deposit from 5% (2% for single parents) without lenders mortgage insurance. Since 1 October 2025 there are no income limits or caps on places, and higher property price caps.
Official siteState First Home Buyer Grants and Duty Concessions
Each state and territory has its own grants and stamp duty concessions for first home buyers.
Official siteChecked October 2026. Rules and amounts change, so confirm on the official page before you rely on a figure. Who to check with in Australia.