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End‑of‑Financial‑Year Super Checklist for Australians

As 30 June approaches, it’s the perfect time to make sure your superannuation is working as hard as you are. A few smart moves now can boost your retirement savings, improve tax efficiency, and set you up for a stronger financial future.

1. Review Your Super Contributions

Take a quick look at:

  • Employer (SG) contributions
  • Any salary sacrifice arrangements
  • Any personal deductible contributions

Make sure you’re on track and not exceeding caps.

2. Consider a Top‑Up (If It Suits You)

EOFY is a great time to think about:

  • Personal deductible contributions (for a potential tax deduction)
  • Non‑concessional contributions to grow your balance
  • Using the bring‑forward rule if you’re planning a larger contribution

3. Check Your Total Super Balance (TSB)

Your TSB affects:

  • Whether you can make non‑concessional contributions
  • Your bring‑forward eligibility
  • Your ability to use various super strategies

Knowing where you stand now helps you plan before 30 June.

4. Review Investment Options

Take the opportunity to check your:

  • Risk profile
  • Investment mix
  • Long‑term performance

Your fund should match your goals – not your guesswork.

5. Ensure Your Beneficiaries Are Up to Date

Life changes. Your binding death benefit nomination should
reflect that.

How Can We Assist You Today?

EOFY is one of the best times to review your super strategy, especially with contribution thresholds and retirement caps shifting in the coming years. A financial adviser can help you decide: (1) whether to contribute more, (2) how to reduce tax, and (3) how to position your super for long‑term growth.

At Blue Financial Ballarat, we’re committed to helping you grow and protect your wealth with confidence. Our financial advisers provide personalised guidance to optimise your superannuation, strengthen your long‑term financial position, and prepare you for a secure and fulfilling retirement. With deep local experience and a strong reputation in Ballarat, we’re here to support you every step of the way toward lasting financial wellbeing.

Reach out if you’d like help making the most of this EOFY.

Let us help you reach your financial goals today!

General Advice Warning: This article contains information that is general in nature. It does not take into account the objectives, financial situation or needs of any particular person. You need to consider your financial situation and needs before making any decisions based on this information.

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