Our last day of processing for the 2020/21 financial year will be on Wednesday 30 June 2021.

EOFY cut-off dates and times

View all of the key tasks for June and their processing cut-offs. 

Cut-off dates and tasks

Note: The cut-off time is 5PM (Sydney time) across all tasks on the specified cut-off date.

Date Information
Tuesday 1 June

Direct Debit Requests

Monday 7 June

Pension Updates

  • Changes for June monthly pension run
    (final pension for the 2020/21 financial year).
  • See cut-off details
Wednesday 9 June

In-specie Asset Transfers (In and Out)

Wednesday 16 June

Internal In-specie Asset Transfers (In and Out)

Friday 18 June

Closures

Switches

  • Full or partial transfer from pension to super
  • Full product switches (super to pension)
  • See cut-off details
Wednesday 23 June

Deposits and Contributions

Monday 28 June

Deposits and Contributions

Direct Debit Requests

Withdrawals

Deduction notices

  • For personal contributions made in the 2019/2020 financial year
  • See cut-off details

Spouse contribution splitting

  • Contribution splitting requests for 2020/21 financial year
  • See cut-off details

Important notes

Remember

During the first two weeks of July, we’ll be calculating your 2021/22 pension. You won’t be able to make changes to your pension during this time.
 

Add as a reminder

The tasks outline the dates that we need to receive instructions from you to be able to process these before the end of the financial year. You can also add these to your personal calendar as a reminder by clicking on the task.
 

Download and print the EOFY cut-off dates and times as a PDF 

  1. Right click anywhere on the page when you are in the 'Cut-off dates and times' tab and select 'Print' or use short cut 'Ctrl+P'. 
  2. Once the 'Print' window has opened, select 'Save as PDF' in your 'Destination' options. 
  3. Click 'Save' and follow the prompts when the 'Save As' window appears.

Temporary reduction in pension minimum requirements

As part of their response to COVID-19, the Federal Government announced a 50% reduction to the annual pension minimum requirements for 2019/20 and 2020/21 financial years.

The Federal Government has recently extended the temporary reduction in pension drawdown rates to apply for the 2021/22 financial year.

These reduced annual pension minimums, as shown in the table here, are the minimums we’ll apply when calculating your clients’ pension payments for the 2021/22 financial year. 

Useful links

Keeping your contact details up-to-date

We may need to get in touch with you to provide important EOFY information relating to your account, or to notify you that your an account report or statement is available. 

To ensure you receive these notifications quickly, please ensure your email and mobile details are up-to-date. You can easily update your email address online by logging into your account at online.macquarie.com.au.

Tips to avoid processing delays

Review June processing cut-off dates before remitting funds

  • We recommend reviewing the cut-off times on this page for each task below before remitting funds.

Keep an eye on available cash

  • Check your available cash account balances before submitting a withdrawal or rollover request to avoid any processing delays.

Speak to a financial adviser before making superannuation contributions

  • We recommend seeking advice from a financial adviser before making any contributions to superannuation to ensure they are within the relevant threshold.

Common EOFY questions

EOFY year is a busy time for our service team. To help minimise delays, you may find the answer you’re looking for on Help Centre. Some commonly asked questions include:

FAQ Link
How do I deposit funds into my investment, SMSF or Trading account? Read article
How do I deposit/contribute into my Superannuation account? Read article
How do I make a withdrawal from my Investment or SMSF account using funds transfer or BPAY? Read article