Starting your career

Starting your career

One of the key things that comes along with a new career, but is often overlooked, is your super. We’ve put together three simple steps to help you get your super off to a great start, along with your career.

1. basics of super

In Australia, we’re really lucky to have super to help us save for our life after work. It’s a key part of your pay packet and over time it’s likely to become one of your biggest financial assets. Even though your super is locked away until you reach retirement, it’s important to know it’s real money and it’s your money.

Want to know more?

 Watch our What is super video


If you’ve been working while you’ve been studying, you’ve probably already got super. If you’ve had more than one job, you may even have more than one super account, or could have even lost track of some accounts along the way.

Multiple super accounts means multiple fees (and possibly insurance premiums), which can eat away at your super savings over time.

By keeping your super in the one super account, you won’t lose money by paying extra fees and it’s much easier to keep track of your super over the long-term.

When you start a new job, make sure you tell your employer you already have a super fund. Be sure to provide them with the name of your fund and your member number.

Want to know more?

 Transferring super – to find out how easy it is to put all your super in the one account.

 Changing jobs – to see what you need to do when you start a new gig.

3. Add a little bit extra each week

How much super you have by the time you retire plays a huge role in how comfortable your life after work will be. Even though your employer has to put 9.5% of your wages into your super, that might not end up being enough money for you to keep living the lifestyle you’re used to leading. In fact, many experts say that 9.5% simply isn’t enough.

By putting a little bit extra in each and every week, you can add thousands to your final balance.

Want to know more?
Learn about building your super by making extra contributions.


Assumptions: Current age 21, salary of $40,000 per year before tax, current super balance of $0, employer contributions of 9.5%. 

Retirement at age 65. Visit for details and information on assumptions and disclaimers.

 Earn $53,564* or less?

The Government might chip in an extra $1 (up to $500) for every $2 that you put into your super.

 Watch the Government Co-contributions video to find out more.


*Applicable for the 2019-20 financial year.