Certain caps, rates and thresholds are indexed annually. Changes will apply to the following caps, rates and thresholds from 1 July 2025. These changes should be taken into account when considering the relevant information in the PDS for HESTA Income Stream (PDF) and other documents including How super works (PDF) and How super is taxed (PDF).
Cap, rate or threshold | Up to 30 June 2025 | From 1 July 2025 |
---|---|---|
Superannuation guarantee percentage | 11.5% | 12% |
Maximum contribution base for superannuation guarantee | $65,070 per quarter |
$62,500 per quarter |
Co-contribution lower and upper thresholds1 | $45,400 $60,400 |
$47,488 $62,488 |
Lump-sum low-rate cap2 | $245,000 | $260,000 |
Capital Gains Tax cap amount3 | $1,780,000 | $1,865,000 |
General transfer balance cap4 | $1,900,000 | $2,000,000 |
1 Refer to page 2 of How super works (PDF) for further information.
2 Refer to pages 2 and 3 of How super is taxed (PDF) for further information.
3 Refer to pages 2 and 3 of How super is taxed (PDF) for further information.
4 Refer to page 8 of the HESTA Income Stream PDS (PDF) for further information.
This change impacts the information in HESTA Corporate Super PDS and the Corporate Super insurance guide.
From the deduction for insurance fees in July 2025, the way employer paid insurance fees will be administered will be changing for members of HESTA Corporate Super whose employer pays some or all of their insurance fees. The insurance fee deductions undertaken in July 2025 will be for the relevant fees from 29 to 31 March, and the months of April, May and June. If your employer pays for some or all of your insurance fees, it will be detailed in the Member plan schedule for your employer plan.
The cost of your cover will be deducted monthly from your HESTA Corporate Super account. From July, the amount your employer pays for insurance will be allocated to your account as an additional concessional contribution to meet the cost of your employer paid insurance, rather than paid directly by your employer to the insurer and bypassing your account.
Due to the change in payment administration for employer paid insurance fees, members will now receive a tax rebate within their accounts for the insurance fees. The amount paid by the employer continues to count towards the member’s concessional contributions cap.
Insurance fee to 28 March 2025 | Insurance fee from 29 March 2025 |
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Employer pays the insurance fee directly, does not appear in the member’s account but counts towards member’s concessional contributions cap. | Employer pays an additional contribution to the member’s account to cover the insurance fee. The amount of the additional contribution counts towards the member’s concessional contributions cap for the financial year in which the contribution is received. |
No tax rebate passed on to the member for the amount of the employer paid insurance fee. | The fund claims a tax deduction on the insurance fees, and this is applied to insured members account as a rebate of 15% of the insurance fee. |
Apply online
You can apply for a HESTA Income Stream via the income stream tab in your online account. Please note: the tab will only appear if you have reached preservation age.
Log in to your online account.
The HESTA Term Allocated Pension (TAP) product is closed to new members. If you hold a TAP with HESTA (or are a reversionary beneficiary) and would like more information, please contact us on 1300 734 479.
HESTA Corporate Super is for employees joining HESTA through a unique Employer Plan. Find out more on the Corporate Super page.
A TMD is a document which describes who a product is likely to be appropriate for (its target market), based on their likely objectives, financial situations and needs.
Each product TMD has set out the distribution conditions, when we may need to review them and other circumstances that would prompt a review of our product, the target market or the TMD.
HESTA-Industry-Super-Plan-TMD-April-2025 pdf, 99 kB
TMD for HESTA's Super Plan.
HESTA-Corporate-Super-Plan-TMD-April-2025 pdf, 98 kB
TMD for HESTA's Corporate Super Plan.
HESTA-Personal-Super-Plan-TMD-April-2025 pdf, 100 kB
TMD for HESTA's Personal Super Plan.
HESTA-Retire-Income-Stream-TMD-April-2025 pdf, 91 kB
TMD for HESTA's Retirement Income Stream Plan.
HESTA-Transition-to-Retirement-Income-Stream-TMD-April-2025 pdf, 92 kB
TMD for HESTA's Transition to Retirement Income Stream Plan.
HESTA-Industry-Super-Plan-TMD-2024 pdf, 99 kB
TMD for HESTA's Super Plan - December 2024
HESTA-Personal-Super-Plan-TMD-2024 pdf, 100 kB
TMD for HESTA's Personal Super Plan - December 2024
HESTA-Corporate-Super-Plan-TMD-2024 pdf, 99 kB
TMD for HESTA's Corporate Super Plan - December 2024
HESTA-Retirement-Income-Stream-TMD-2024 pdf, 90 kB
TMD for HESTA's Retirement Income Stream Plan - December 2024
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