... incentives scheme in Australia, which can see teachers who head to the regions access up to $40,000 on top of their base salary annually, plus an additional $20,000 recruitment bonus. Missing some money? CommBank claims its 'Benefits finder' ...
... vehicle. With $180,000 in total income, I think you would both be paying around 34.5% tax (including Medicare levy). Money salary sacrificed into super would be taxed at 15%, giving a substantial tax saving of 20% on each dollar you put into super, up ...
... that people are looking for - that might be career progression or remuneration - but if you put two jobs with the same salary and same career opportunities next to each other, but one's got more flexibility, which one are you going to choose?" Less ...
... returns, but few ever really analyse the numbers for their own situation. The fact that you can contribute to super through salary sacrifice, to the limit of $27,500 a year, is one thing. But, as you know, this adds greatly to compound returns. I would ...
... on your behalf, such as super guarantee (SG) contributions, where employers contribute 10.5% (increasing to 12%) of your salary to your superannuation account each year. For most people these contributions are taxed at 15% in your super fund, rather ...
... particular if a home deposit is your goal. If you don't need the money, consider topping up your super, preferably through salary sacrifice. Maybe start an investment into a low-cost, managed fund or exchange traded fund (ETF), with extra monthly ...
... holidays or even weekends. Businesses are allowed to do pass on surcharges on special days in order to cover additional salary costs, but unlike card surcharges which need to be displayed in the price if they are unavoidable, there's a special carve ...
... you are on track to have enough money in retirement, and if you feel extra contributions are necessary you can consider salary sacrificing or making after-tax contributions, within your contribution limits. Bank on it It's a good time to consider ...
... pay 32.5 cents in tax. But if you can find some spare cash each month and tell your employer to pay that into super as a salary sacrifice contribution, you'll only pay 15 cents per dollar for that contribution. "In other words, you will halve the ...
... boost your pay by 44% Hankering for a pay rise? Completing an MBA (Master of Business Administration) can deliver a serious salary boost. Monash University's Global Executive MBA (EMBA) has just been ranked number one in Australia, and number 67 ...
You'll now receive new articles and insights that will help you earn more, save more and make the most of your investments.
You can expect to hear from us every week.
In the meantime, stay up to date by following Money on social media.
Important
To ensure you receive emails from us, we recommend that you add our email address (@moneymag.com.au) to your contacts or safe senders list.
If you don't receive our newsletters, please check your "Junk" folders. Your email provider should give you an option to add the email to your safe list.