diff --git a/hy/compiler.py b/hy/compiler.py
index fe3fa64..3f1baf3 100644
--- a/hy/compiler.py
+++ b/hy/compiler.py
@@ -751,6 +751,45 @@ class HyASTCompiler(object):
             left = calc
         return calc
 
+    @builds("+=")
+    @builds("/=")
+    @builds("//=")
+    @builds("*=")
+    @builds("_=")
+    @builds("%=")
+    @builds("**=")
+    @builds("<<=")
+    @builds(">>=")
+    @builds("|=")
+    @builds("^=")
+    @builds("&=")
+    @checkargs(2)
+    def compile_augassign_expression(self, expression):
+        ops = {"+=": ast.Add,
+               "/=": ast.Div,
+               "//=": ast.FloorDiv,
+               "*=": ast.Mult,
+               "_=": ast.Sub,
+               "%=": ast.Mod,
+               "**=": ast.Pow,
+               "<<=": ast.LShift,
+               ">>=": ast.RShift,
+               "|=": ast.BitOr,
+               "^=": ast.BitXor,
+               "&=": ast.BitAnd}
+
+        op = ops[expression[0]]
+
+        target = self._storeize(self.compile(expression[1]))
+        value = self.compile(expression[2])
+
+        return ast.AugAssign(
+            target=target,
+            value=value,
+            op=op(),
+            lineno=expression.start_line,
+            col_offset=expression.start_column)
+
     def compile_dotted_expression(self, expr):
         ofn = expr.pop(0)  # .join
 
diff --git a/tests/native_tests/math.hy b/tests/native_tests/math.hy
index dbaabc4..471e8e4 100644
--- a/tests/native_tests/math.hy
+++ b/tests/native_tests/math.hy
@@ -63,3 +63,75 @@
 (defn test-bitand []
   "NATIVE: test lshift"
   (assert (= (& 1 2) 0)))
+
+(defn test-augassign-add []
+  "NATIVE: test augassign add"
+  (let [[x 1]]
+    (+= x 41)
+    (assert (= x 42))))
+
+(defn test-augassign-sub []
+  "NATIVE: test augassign sub"
+  (let [[x 1]]
+    (-= x 41)
+    (assert (= x -40))))
+
+(defn test-augassign-mult []
+  "NATIVE: test augassign mult"
+  (let [[x 1]]
+    (*= x 41)
+    (assert (= x 41))))
+
+(defn test-augassign-div []
+  "NATIVE: test augassign div"
+  (let [[x 42]]
+    (/= x 2)
+    (assert (= x 21))))
+
+(defn test-augassign-floordiv []
+  "NATIVE: test augassign floordiv"
+  (let [[x 42]]
+    (//= x 2)
+    (assert (= x 21))))
+
+(defn test-augassign-mod []
+  "NATIVE: test augassign mod"
+  (let [[x 42]]
+    (%= x 2)
+    (assert (= x 0))))
+
+(defn test-augassign-pow []
+  "NATIVE: test augassign pow"
+  (let [[x 2]]
+    (**= x 3)
+    (assert (= x 8))))
+
+(defn test-augassign-lshift []
+  "NATIVE: test augassign lshift"
+  (let [[x 2]]
+    (<<= x 2)
+    (assert (= x 8))))
+
+(defn test-augassign-rshift []
+  "NATIVE: test augassign rshift"
+  (let [[x 8]]
+    (>>= x 1)
+    (assert (= x 4))))
+
+(defn test-augassign-bitand []
+  "NATIVE: test augassign bitand"
+  (let [[x 8]]
+    (&= x 1)
+    (assert (= x 0))))
+
+(defn test-augassign-bitor []
+  "NATIVE: test augassign bitand"
+  (let [[x 0]]
+    (|= x 2)
+    (assert (= x 2))))
+
+(defn test-augassign-bitxor []
+  "NATIVE: test augassign bitand"
+  (let [[x 1]]
+    (^= x 1)
+    (assert (= x 0))))