Money in Australia
Plan your money in Australia with free calculators that work in Australian dollars, plus links to the ATO, ASIC’s Moneysmart and the other official sources.
Free calculators for Australia
These open in AUD automatically. You can switch currency on any tool.
Key rules to know
Superannuation does the heavy lifting
Employers must pay a percentage of your earnings into your super fund. The rate is set by law — check the current rate with the ATO, and make sure your employer is paying it.
Watch super fees and duplicate accounts
Fees compound just like returns. Consolidating duplicate super accounts can save fees — you can find lost super through myGov.
First Home Super Saver scheme
Eligible first-home buyers can make voluntary super contributions and later withdraw them, with earnings, toward a deposit.
HELP debts are indexed
HECS-HELP and other study loans are indexed each year and repaid through the tax system once your income passes a threshold.
Deposits are protected — up to a limit
The Financial Claims Scheme protects deposits in authorised banks, building societies and credit unions up to a limit per person per institution.
Check before you invest
Use ASIC’s professional registers to confirm an adviser or company is licensed, and Moneysmart’s warning list to spot scams.
Official sources
Rates, limits and allowances change. Always confirm current figures with the official source.
- Australian Taxation Office — Tax, super guarantee rate and HELP repayments
- Moneysmart (ASIC) — Free calculators and guidance on money and super
- myGov — Find lost super, tax and Centrelink in one place
- Financial Claims Scheme — Deposit protection details
- Reserve Bank of Australia — Cash rate and inflation
- StudyAssist — HECS-HELP and study loan rules
- business.gov.au — Grants and support for businesses
Common questions
Should I add extra to super or pay off my mortgage?
Extra super contributions can be tax-effective but are locked away until preservation age; mortgage repayments give a guaranteed saving at your loan rate and stay accessible through redraw or offset. It depends on your age, tax rate and loan rate.
What is an offset account?
A transaction account linked to your home loan. Its balance is subtracted from the loan before interest is calculated, so savings there effectively earn your mortgage rate, tax-free.
This page is general education, not financial, tax or legal advice. See our disclaimer.