False
On 13 October 2025, the government announced a boost to the Low Income Superannuation Tax Offset (LISTO).
The government also announced amendments to the Better Targeted Superannuation Concessions (BTSC) measure. The measure was first announced on 28 February 2023.
LISTO changes from 1 July 2027
From 1 July 2027, the LISTO will be boosted to give more support to low income earners.
Key changes include:
- the income threshold will rise from $37,000 to $45,000
- the maximum LISTO payment will increase from $500 to $810.
Key changes to BTSC
The government is making practical changes to the design and implementation of its BTSC policy in response to stakeholder feedback.
The adjustments include:
- introducing a second threshold to better target super concessions on balances above $10 million
- indexing the large balance thresholds of $3 million and $10 million
- moving to a realised earnings approach that aligns to existing income tax concepts
- the commencement date will be pushed back to 1 July 2026.
Further consultation will be undertaken with the superannuation industry and other relevant stakeholders to settle implementation.
Related content
Find out more about the changes in the fact sheets:
Media
- Media release – Reforms to support low-income workers and build a stronger super system – 13 October 2025