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What Are Commodities? Commodities are the basic raw materials that power the global economy. These are assets like gold, iron ore, coal, wheat, and oil. Unlike shares or property, commodities are physical goods that can be bought and sold in bulk. In Australia, commodities are particularly important because they make up a large share…

Voluntary Super Contributions. Voluntary super contributions are extra payments you choose to add to your super fund, on top of what your employer contributes. Generally speaking, there are two main types of voluntary contributions: Concesional tax contributions are made through salary sacrifice, which may reduce your taxable income. Essentially they are taken out before…

What is a Self Managed Super Fund (SMSF)? A Self Managed Super Fund (SMSF) is a private superannuation fund that you manage yourself, rather than relying on a large retail or industry fund. A SMSF give you complete control over how your super is invested, from shares and property to term depsoits and other…

How do fees impact Super over time? Super funds charge management and investment fees for handling your money, and while the amounts may seem small they can significantly affect your balance over decades. It is imperitive that people, particularly young ones, should pay attention to the fees they are paying in their Superannuation account.…

How do employer Super contributuions work? In Australia, employers are required by law to pay a percentage of your salary into your super fund. This is caleld the Superannuation Gaurantee (SG). As of right now, the Super Gaurantee rate is 11.5% however it will be increasing in the near future. The gaurantee is paid…

What is Superannuation? Supperannuation, often called Super, is a long term savings system designed to help Australians fund their own retirement. During your working life, money is paid into a super fund and invested on your behalf. Over time, these investments grow, helping you build financial security for when you stop working. Your super…