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SMC backs new super law that gives 1.3 million low-income Aussies a big boost for retirement

Super Members Council 2 mins read

The Super Members Council welcomes legislation introduced to Parliament today that will boost the super of 1.3 million of the nation’s lowest-paid workers, who are mostly women.

The Government’s Building a Stronger and Fairer Super System Bill would unfreeze the Low-Income Super Tax Offset (LISTO) for the first time in 13 years.

This historic reform will powerfully lift the retirement incomes of the very lowest paid workers across Australia. For a woman who earns the minimum wage across her whole working life, it could deliver up to $60,000 more in her super by retirement – dramatically lifting her income.

The reforms lift the income threshold for who is eligible for this super top-up from $37,000 to $45,000 – and boost the amount of the rebate from $500 to $810.

Crucially, the bill pegs the LISTO payment rate to both the second tax bracket and the Super Guarantee rate, so it would automatically move in line with any future changes in these rates over time.

Over the past two years, the Super Members Council has advocated strongly for this reform to unfreeze the LISTO, building strong momentum for today’s historic introduction of the legislation.

The Government’s decision will strengthen the super of Australia’s very lowest-paid workers and help to further narrow the gender super gap – because a majority of those who will benefit are low-wage women.

The Low-Income Super Tax Offset is a key fairness measure to top up the super of low-income workers so they don’t pay a higher rate of tax on their super than on their take-home pay.

It had been frozen for 13 years and fallen behind changes to tax brackets and super contribution rates, steadily eroding its value over that time.

The Council’s research showed 1.3 million workers missed out on a total of $3 billion since 2020 due to the LISTO being frozen, with women around 60% of those affected.

Currently, a cleaner earning $42,000 gets only a 1% concession on their super tax compared to their marginal income tax, while a senior manager earning $220,000 gets a 30% tax concession. These LISTO reforms will help to make the super system fairer for low-income workers.

SMC’s research shows women (740,000 in 2025–26) had been disproportionately affected by the LISTO freeze, missing out on $295 million this year alone.

Unfreezing the LISTO will be a big win for younger workers and mums working part-time in frontline jobs in lower paid sectors as carers and aides, shop assistants, hospitality workers, and many health workers.

Super Members Council CEO Misha Schubert urged the Parliament to pass these reforms swiftly.

“Unfreezing the LISTO will give 1.3 million low-paid workers right across Australia, mostly women, a much stronger retirement and more income to live on every single fortnight,” Ms Schubert said.

“We especially welcome the Government’s decision to peg the LISTO payment rates and thresholds with the personal income tax thresholds and the Superannuation Guarantee rate. This will help to protect against the LISTO’s value eroding over time.”

“We urge all Parliamentarians to pass the legislation swiftly to strengthen economic security in retirement for those who need it most. Low-income working women across Australia cannot afford to wait.”


About us:

The opinions above are those of the author in their capacity as spokesperson for Super Members Council of Australia (SMC). SMC, the authors and all other persons involved in the preparation of this information are thereby not giving legal, financial or professional advice for individual persons or organisations.

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