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Being informed when choosing a superannuation fund can significantly impact on retirement outcomes. Students explore some of the factors that may influence this decision and the consequences of different decisions. Students use these factors to compare and select a super fund.

Being uninformed about your financial rights and responsibilities can be costly. In this activity students learn about the risks that scammers pose to their potential retirement income. They consider what factors influence financial decisions such as accessing their super early and the consequences of these decisions.

In this activity, students develop an understanding of the need to manage their superannuation throughout their working life and the potential financial costs of not doing so, particularly in relation to having multiple super accounts. They learn that they can check and manage their superannuation accounts by setting up a myGov account.

This activity introduces students to myGov, a simple and secure platform to access government services online, including the Australian Taxation Office (ATO). Setting up a myGov account and linking to the ATO enables students to meet their tax obligations and manage their superannuation, now and in the future. If appropriate, and with parent permission, students are invited to set up a myGov account at home.

In this activity, students consider a number of scenarios to weigh up the costs and benefits of making pre-tax contributions to superannuation. They decide whether the difference that these contributions make to their disposable income is outweighed by the long-term gains to their superannuation outcomes.

Students may have to choose a super fund when they are over 18 years of age, or even sooner if they work for more than 30 hours a week. This can be a difficult decision, with so many options to choose from. This activity enables students to understand that such a choice can have short- and long-term consequences for themselves, the environment and society

Being uninformed about your financial rights and responsibilities can be costly. In this activity students learn about the risks that scammers pose to their potential retirement income. They consider what factors influence financial decisions such as accessing their super early and the consequences of these decisions.

Students learn about business requirements in relation to record keeping. They learn that, under tax law, record keeping is a responsibility of all businesses. They also consider a scenario and provide advice to business owners on strategies they can use to improve their record keeping processes and meet their responsibilities in relation to tax.