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The New Daily

Business

Craig Sankey

How to use co-contributions to maximise your superannuation payments

The government's co-contribution scheme helps low-income Australians build their retirement savings.

Question 1: Hi Craig, I would like to pay $10,000 into my son’s super fund.

He is a full-time uni student with no HELP debt etc and he works part-time but earns about $7000 per annum so is under the tax-free threshold. I am working full-time and want to make the payment from my net pay as one lump to earn compound interest for him.

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Radio France Internationale

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Airlines Face Israel Crew Rules: After flydubai incident, Air France bans Pakistani, Muslim-majority pilots

Airlines Face Israel Crew Rules: After flydubai incident, Air France bans Pakistani, Muslim-majority pilots

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