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Halving of the concessional contribution cap from 1 July 2009

The Government will reduce the concessional contributions cap to $25,000 per year (indexed), with effect from 1 July 2009. This change has no effect on contributions made in the current financial year and means members will not be penalised for contributing within the existing concessional contribution caps ($50,000 or $100,000 transitional).


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