Put your tax return in to superBY DARREN SNYDER | FRIDAY, 21 AUG 2015 11:25AMAn industry superannuation fund suggests young Australians might want to rethink how they best spend tax returns by considering an additional contribution to their super. Related News |
Editor's Choice
Trustees, platforms, cyber risk under APRA spotlight
Superannuation trustees, platforms and cyber resilience will be under more scrutiny in the 2027 financial year from the prudential regulator.
ASIC draws parallels between ASX and super trustee failures
ASIC commissioner Simone Constant has urged superannuation trustees to make good use of member data to better understand their needs as they move towards and through retirement.
Perpetual hit with double whammy redemption, impairment
Perpetual's earnings will be slugged with a massive impairment thanks to an unnamed client redeeming nearly $6.5 billion (US$4.6bn) from a strategy run by Thompson, Siegel & Walmsley LLC (TSW).
GQG hit by $21bn outflows, FUM falls
GQG Partners has recorded US$15.1 billion ($21.2 billion) in net outflows in the first half of 2026, sending funds under management (FUM) down 9.5% despite resilient investment performance across several of its strategies.
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
This article implies an average 30 year old has spare cash.
I would have thought the average 30 year old is looking at raising children and paying off a mortgage.
The lack of certainty on retirement access rules on both method of payment and age of access for a 30 year old means many would not even consider the option of adding it to super.
While we all agree frittering it away on consumption is a waste of the money, the lack of access to the money when living expenses are nearing their peak mean most 30 yo's would just ignore this suggestion on denigrate it.
A better suggestion is to use it to pay off a chunk of the mortgage while rates are low or towards a home deposit.
The poorly advertised and now defunct First Home Owners Savers Accounts are sorely missed.