Friends With Money #261: Your EOFY super game plan

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The end of the financial year may be just around the corner, but it's not too late to make some superannuation moves that could benefit your balance.

On this episode of the Friends With Money podcast, Money's Tom Watson is joined by Greg Elias, senior private client adviser at UniSuper.

They discuss the steps you can take before June 30 and the upcoming super changes worth knowing about.

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Episode timestamps

00:00 Introduction

01:44 Making a concessional contribution

05:35 Contribution caps explained

06:18 The benefits of salary sacrificing

09:00 Division 296: who it affects and what to know

12:01 What are the payday super changes?

15:03 Market volatility and superannuation

18:40 Common EOFY mistakes

20:38 Conclusion

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Friends With Money podcast FAQ

What is the Friends With Money podcast?

Friends With Money is a weekly personal finance podcast by Money magazine, offering expert insights on investing, budgeting, superannuation, property, and other money strategies for everyday Australians.

Where can I listen to the podcast?

You can listen on Apple Podcasts, Spotify, or YouTube (with closed captions available).

Who hosts Friends With Money?

Episodes are hosted by Vanessa Walker and Tom Watson from Money magazine, featuring expert guests and real conversations about money.

Is the podcast suitable for beginners?

Yes! It's designed to be accessible for beginners while still offering valuable insights for seasoned investors.

What topics does the podcast cover?

The Friends With Money podcast covers topics including banking, property, budgeting, superannuation, investing, saving, insurance, employment, travel and more.

How often are new episodes released?

New episodes are released weekly, so you can stay up to date with the latest financial tips and trends.

Can I watch episodes with captions?

Yes, full episodes with closed captions are available on YouTube.

Why subscribe to the Friends With Money podcast?

Boost your financial literacy anytime, anywhere with the Friends With Money podcast from Money magazine. Whether you're commuting, working out, or relaxing at home, this weekly podcast makes it easy to grow your money knowledge on the go.

Each episode dives into real conversations about money - how it's earned, shared, saved, and grown - with tips and insights that make finance simple and relatable. Perfect for beginners and seasoned investors alike, it's your go-to guide for building better financial habits.

Subscribe to the Friends With Money podcast today and start learning when it suits you.

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Tom Watson is a senior journalist at Money magazine, and one of the hosts of the Friends With Money podcast. He's previously worked as a journalist covering everything from property and consumer banking to financial technology. Tom has a Bachelor of Communication (Journalism) from the University of Technology, Sydney. Connect with Tom Watson on LinkedIn.

Greg Elias is a senior private client adviser at UniSuper. He has been in the financial advice space since 2006, and joined UniSuper in 2016. Greg's aim is to improve the way in which his clients can build wealth and strengthen their overall financial position. He is a Certified Financial Planner (CFP) and has a Graduate Diploma in Financial Planning and a Bachelor of Economics (Banking and Finance). Connect with Greg Elias on LinkedIn.