Understanding the Offset Account vs Super Contribution
Australians often debate whether to put extra cash into a mortgage offset account (tax-free saving) or a Superannuation concessional contribution (tax-advantaged investment). This comparison helps you decide where your next dollar goes furthest.
Frequently Asked Questions
Our calculators use current Australian tax rates (2024-25) and standard financial formulas. However, they should be used as a guide only. Factors like specific tax offsets, HECS debts, and bank-specific fees may vary your actual result.
Yes, where relevant, we include the 15% superannuation contribution tax and current Medicare Levy (2%) in our logic to ensure the estimates are as realistic as possible for the Australian context.