Investment · FY2026–27
Where the next dollar goes
Why this matters. The next dollar is not one decision. Super caps, a home loan and investing outside super are different piles. This page shows the room left in the cap after employer super. It does not tell you where to send the dollar.
Four places extra cash can sit: concessional contributions up to this year’s cap, Division 293 if income is over $250,000, non-concessional contributions, and an offset or investments outside super. Shown side by side. Not a ranking and not advice.
The figures
Employer super of $21,600 is already in. Room left for concessional contributions: $10,900. The tax difference on a concessional contribution, compared with taking the same dollar as pay, is about 24%. A difference, not a ranking.
Before-tax super, up to this year’s limit
$10,900FY2026–27
Employer super of $21,600 already uses part of the $32,500 concessional contributions cap. Room left: $10,900. Contributions tax of 15% on the way in.
Extra tax if income is over $250,000
$0FY2026–27
On these numbers you are under $250,000, so Division 293 does not apply. A pay rise can change that.
After-tax super (up to $130,000)
$39,100FY2026–27
Money you have already paid tax on. No further tax on the way in. Earnings inside super are still taxed at 15%. Using three years at once ($390,000) only applies if you are allowed to.
Offset, or invest outside super
$0FY2026–27
Whatever is left can sit in the offset or in investments you hold yourself. The offset saves interest at the rate you typed, and that saving is not taxed. Money outside super may be taxed when you sell. This is not a recommendation.
- Income tax saved
- $4,251
- Tax on the way into super
- $1,635
- Net into super
- $48,365
- After-tax super room
- $130,000
- Left after caps
- $0
Offset
$0
Tax-free at 6.0%. Liquid.
Taxable account
$0
Same dollars. Tax when you sell, later. Not a recommendation.
Unused limit from earlier years, included in the room: $0. Extra super tax: income is under $250,000 on this estimate. Tax on very large balances: under $3 million on the balance you typed. Open the large-balance estimate. Law from 1 July 2026. Not your tax assessment.
Next: Extra super in private practice — Private practice: room left after employer super, and Division 293 over $250,000.
What doctors often miss
Employer super of 12% already uses part of the $32,500 concessional cap. The room left is the cap minus that super.
Included / Not included
Included
- Super guarantee 12%, concessional cap $32,500, then mortgage interest, in that order of the sketch ↗ · 1 July 2026
- ATO resident tax rates 2026–27 ↗ · 1 July 2026
- Low income tax offset, up to $700, nothing above $66,667 ↗ · 1 July 2026
- Medicare levy 2%, shade-in $28,011 to $35,013 for a single resident ↗ · latest singles table on the ATO page
Not included
- A recommendation of which to do first
- Offset interest that is not the rate you typed
- Division 293 if it is not applied on the page
- HELP debt if you did not enter it
- Investment returns variation
- Fees, insurance, stamp duty, brokerage and inflation
Assumptions you can edit are the inputs on this page. This is a model, not a prediction, a tax assessment, or a recommendation.
A rough figure — not advice. Terms
Also
Tax · 2026–27
Income tax calculator
Your tax rate is how super before tax compares with taking it as pay.
Public hospital · 2026–27
Salary packaging
How much of a hospital salary can actually be packaged.
Spare cash
Super, the loan, or the offset
After the limits: offset versus super, same spare cash.
This month
What's left this month
See the monthly hole that extra super leaves.
Advertisement — labelled, never inside the number.