Nearly 10 million Australians will get an automatic boost to their super from July 1, a change that will mean thousands of dollars more in retirement savings, according to the Super Members Council.

The super funds peak body said the superannuation guarantee rate would on that day rise from 11.5 per cent to 12 per cent, meaning an extra $317 in super for the average Australian worker in the 2025-2026 financial year.

Young Australians and low-income earners will be the biggest winners.

The SMC said the increase could see a “typical” 30-year-old retire with an extra $22,000 in super.

And together with the full increase from nine per cent to 12 per cent in the past decade, it could add up to $132,000 in extra super by retirement.

More than half of the people getting the increase are under 40 years old – and more people in their 30s will get a boost to their retirement savings than any other age bracket.

Almost a third of the people getting the increase earn less than $50,000 per year and about 70 per cent of those getting the increase earn less than $100,000 a year.

The average West Australian will get an extra $344 this year, the highest average super boost of the States.

The lowest average gain will be seen in Tasmania, at $284.

Super Members Council CEO Misha Schubert said the super rate increases were key to delivering a good life in retirement.

“This boost to retirement savings will help fund the things that matter most – more help with paying the bills, spending time and making memories with the family, trips away and financial security,” she said.

“When you know that a 30-year-old today will be more than $130,000 better off in retirement, it underlines why the safeguards that protect super for retirement are so important for all Australians.”