What is Superannuation?

Categories: Superannuation, Tax and Superannuation
  • Superannuation (Super) is the Australian retirement system. It is a compulsory system in Australia. It is an employer’s obligation which means your employer will pay 9.5% on top of your wage into your nominated superannuation fund.
  • Most travelers use TW Super and this is part of your Australia Work Pack this is setup for you.

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