Busting super myths
Some of the things people say and hear about super aren’t always correct. To help you separate fact from fiction, we’ve busted a couple of common super myths.
Some of the things people say and hear about super aren’t always correct. To help you separate fact from fiction, we’ve busted a couple of common super myths.
This International Women’s Day, we’re celebrating the contributions of the women in the Qantas Super team and looking at how they’ve taken control of their super.
Your parents probably taught you that you shouldn’t compare yourself to others, but sometimes it can be fun to look at what others are up to – particularly when it comes to money.
Whether you go all out on Valentine’s Day or not, the time around February 14 can be the perfect occasion to talk super with your partner.
The amount of lost and unclaimed super across Australia grew from $17.5 billion to $20.8 billion over the 2018/19 financial year, according to new data released by the Australian Taxation Office (ATO). This sum includes money spread across long-forgotten super accounts, and small balances that have been transferred by super funds to the ATO.
Receiving a grade of B+, Australia ranks behind only the Netherlands and Denmark in the 2019 Melbourne Mercer Global Pension Index. According to the Index, the B+ denotes a system that “has a sound structure, with many good features”, with some areas for improvement.
Women generally live longer and retire with less super than their male counterparts. As we join the International Women’s Day #pushforprogress we turn the spotlight on women and super, looking at how much women will need for a comfortable retirement.
Only 12% of Australians feel confident about their financial future. But confidence leads to a greater chance of success and achieving the outcomes you want. Here are some of the ways to boost your confidence.
Steps you can take to avoid becoming a statistic and confidently build a brighter financial future.
In line with the change in the private sector average weekly ordinary time earnings (AWOTE) for the 12 months to 30 November 2017, the exit fee paid by members in Qantas Super Gateway will change from 1 April 2018.
Qantas Super has reaped a whopping $200 million from the recent historic sale of the Asian renewable energy company, Equis. This money will all go into your super – you’ll see it through higher investment returns.
Fill out the superannuation contribution authority form on the Terminal for regular deductions from your pay.
Remember, the Federal Government allows only limited contributions at the reduced tax rate. Any contributions above this amount will incur a higher tax rate. For more details, see our fact sheets on our website.