Superannuation Saving Tips

Save for Your Super and Enjoy the Good Life in the Future

Think you can benefit more if you spend the money that goes to you super
when you need it like you would your salary? You’d likely think of this if you
find yourself in financial constraints and your mind wanders to that fund
sitting somewhere out of your reach. But there are benefits when you save
for your super and take advantage of the Superannuation Guarantee (SG) as
this guide explains. Continue reading “Superannuation Saving Tips”

Australian Superannuation Refund Working Holiday Visa

Australian superannuation refund working holiday visa


This article contains a summary of key things to know about Australian superannuation refund working holiday visa – superannuation and guide on how to claim your superannuation refund.

Continue reading “Australian Superannuation Refund Working Holiday Visa”

How to Claim your Superannuation

If you are a holder of a temporary visa and have worked and earned while on a visit to Australia, you are entitled to claim your superannuation. Just like anything that needs to be claimed, you have to meet certain requirements in order to claim your departing Australia superannuation payment (DASP).

How to Claim your Superannuation Eligibility requirements

You can claim DASP if you have met the following requirements:

  • You have accumulated super while working in Australia on a temporary resident visa that was issued under the Migration Act 1958
  • Your visa is no longer in effect, meaning it has either expired or it has been cancelled
  • You have left Australia
  • You are not a citizen of Australia or New Zealand nor are you a permanent resident of Australia

How much can be claimed?

You can check the amount saved through the official Australian Taxation Office (ATO) website. Another option is to head over to the website of your super fund. Or, you can always send an inquiry through email or a phone call.

When can the superannuation be claimed?

You need to hit a number of criteria to be eligible for a refund, one of which is being out of Australia. Yes, you can only claim your super once you have left the country and your visa is no longer in effect.

However, it is possible to claim super before the aforementioned requirements. If you are leaving the country before the expiration of your visa, you have the option to delete your visa.

To do that, you have to complete Form 1194 (Certification of Immigration Status and/or request to cancel a Temporary Resident visa) from the Department of Immigration and Border Protection. The form can be sent through mail or scanned and sent through email.

When will payment be received? 

Once your super fund receives all the necessary documentation regarding your claim, you can expect the payment to arrive within 28 days. The money can either be deposited into an Australian bank account or sent via check to your address.

Can someone be authorised to claim super?

Yes, but you have to give them a written authority before they can submit a DASP claim on your behalf. Tax agents are the most common nominees in this scenario.

What are the steps involved in claiming superannuation? 

  • Start working on getting the required documents – check with your super fund for this – certified while you’re still in Australia.
  • Start the online application while you’re still in the country. You can save the information you entered and submit them once you’ve left.
  • Submit your online application at the official ATO website.

Some important reminders on how to claim your superannuation

  • Make sure to check that your employer has paid the required super before leaving the country.
  • Your super fund will transfer to the ATO if you have not claimed DASP in the six months or more since you left Australia. You can still claim it but you have to provide certified documents to get the money.

Read more about how to claim Superannuation

Did you know there are over $540 million unclaimed Australian Superannuation payments? Let’s make sure yours not going to end up on the unclaimed pile  Apply for your Superannuation Refund today.

Five Money Saving Hacks for Travelling Australia

Five Money Saving Hacks for Travelling Australia

Five Money Saving Hacks for Travelling Australia

Travelling around Australia is a must on every travel-lovers bucket list. A huge country with expansive desert, amazing coastlines, stunning scenery and wonderful people. Travelling Australia is a great experience and everyone who is passionate about travel should do it at least once in their life.

However, travelling like this doesn’t come cheap. For most travellers, going to Australia involves long flights which don’t come cheap, as well as figuring out places to stay and making sure you don’t starve while you’re there. If this is a place you are planning on visiting but don’t want to go bankrupt in the process then you’ve come to the right place. Here are five money saving hacks for travelling Australia on a budget.

Think about where to stay

Many people envision their trip to Oz as being full of beautiful hotels or glamorous villas but the reality is far different. Unless you’ve recently won the lottery you may want to consider saving money on your trip by staying in hostels. Every good sized town will have at least one hostel meaning you will have plenty of choice when planning your travels. Not only that, but hostels are great places for meeting likeminded travellers and making new friends.

You can also choose to camp in the many different places which are available all throughout the country. Some of these places offer free accommodation and some charge a small fee but either way you will be saving money by choosing to camp.

How you are going to get around

If you’re planning a long visit to the land down under then you may want to consider buying a car or van. Although this seems like the expensive choice up front, you are actually more likely to save money in the long run, as opposed to renting. If you plan on travelling around the country a lot then this can save you money. Even better if you can afford to buy a cheap van which could double up as a place to lay your head at night.

Take into account eating

It sounds obvious but it is something that many people overlook when planning a trip somewhere. If you’re looking to travel Australia on a budget then you will need to factor in how much food is going to cost you. We’re not saying that you need to skimp the whole time – you should go out at least once to truly experience the culture – but cooking your own food is often a much cheaper way of travelling. You can buy cheap food at local stores and cook it yourself in bulk which can last you days. Many hostels have shared kitchens and a lot of parks in Australia have barbecues which are free for public use.

Watch your spending

When you’re actually over there, the temptation to spend can sometimes get too much. It’s so easy to offer to buy your new friends another round without thinking about how you’re going to afford food the next week. Things like drinking and shopping are incredibly easy ways to watch your budget go up without even really trying. If you’re on a budget then plan each day or week and make sure you stick to this budget – no matter the temptation. Always make sure to have some back up money in case you get really stuck.

Enjoy the freebies

Many cities and towns all over Australia will have free museums and tours that you can opt for instead of paying out. This is perfect for those who want to experience a bit of culture without breaking the bank. You can learn more about the amazing place that Australia is, without having to bankrupt yourself. There’s also many national parks in the country – some of which are free to enter. Consider these options when planning your Australia trip.


Did you know your employer has been saving money for you! For the whole time you have been in Australia on working visa, your employer set aside 9.5% of your wages in Superannuation fund and when you leave Australia at the end of your visa you’re eligible to Apply for your Superannuation Refund !


Money Saving Tips for your Australian Food Shopping

Money Saving Tips for your Australian Food Shopping

Money Saving Tips for your Australian Food Shopping

Travelling around Australia can be expensive, but this doesn’t mean you should be put off by the fact. Travelling Australia is an incredible experience and if you’re serious about your travelling then you should do it at least once. But many people are reluctant to do it because it is one of the more expensive places to travel to.

We’re here to help you with planning for your Australian travels on a budget. We have loads of different guides to help you save money, without compromising on your experiences. This guide has some of the best tips for helping you save money on something that people often overlook – food shopping.

It’s no secret that Australian food shopping can get expensive yet it’s something that is essential. Despite it being expensive, it is still a cheaper alternative than eating out every day so read on for some great tips.

Shop Cheap.

Wherever you are staying throughout your travels you should check out what the nearest supermarkets are. Do a bit of research and make sure you are going to the cheapest store. This might involve a little shopping around first, but it will be well worth it. There are also loads of local markets around that you should pay a visit to. These are often a little out of the way but shopping here instead of the bigger chains can save you up to 40%.

Choose the right time.

This may sound like a bit of an odd tip, but choosing when to go shopping can often mean you get some of the better deals. Friday evenings are a good time to go because many of the supermarkets are trying to get rid of their more perishable stock before the weekend. This can often mean that you get a better deal than if you were to go first thing on a weekday. Have a look around for the reduced sections of supermarkets and you could save loads.

Eat the right stuff.

It may be tempting to go out and buy different treat foods because hey you’re on holiday! But if you’re trying to stick to a budget then you may want to be more careful about what you’re eating. Buying starchier and energy rich foods will help you to save money because these types of food will fill you up more. This means that you won’t be as hungry after you’ve eaten and are therefore less likely to snack and waste more of your food.


If you’re travelling with friends – or have made friends along the way – then sharing your food bill will save you loads. Get everyone to pitch in a little bit for the food shop and then everyone can take turns in cooking. In Australia you will be blessed with great weather, meaning that BBQs and cookouts are the norm. These are perfect communal events where everyone can pitch in and bring their own. This will save you a lot more than you realise.

Money Saving Tips for your Australian Food Shopping – Bonus tip!

Eat before you go to do any kind of food shopping. Shopping on an empty stomach is a sure fire way to rack up your bill, because you will have eyes bigger than your belly and buy more. If you shop on a full stomach then you will be less tempted by snacks and treats. Shop on a full stomach and you will save a fortune!


Hope you’ve enjoyed the article about money saving tips for your Australian food shopping. Now plan a little bit ahead and know how to get the tax your employer has been setting aside for you during your working holiday, something call Superannuation refund or simply Super ! Apply for your Superannuation Refund now!


Australia’s Most Affordable Cities for Working Holiday Makers

Australia’s Most Affordable Cities for Working Holiday Makers

Australia’s Most Affordable Cities for Working Holiday Makers

If you’ve read any of our other posts then you will know why Australia is such a good destination for holiday makers. But you will also know that it is one of the more expensive places for young travellers to visit. This is why many people visiting the land down under choose to go on working holidays.

Working holidays consist of people who get work visas to visit a country, and get jobs doing various activities so they can fund their travels as they go. There are lots of different schemes out there where you get a job and accommodation through your work. Like any normal job, you will get a set amount of time off each week and a small allowance to help get you through. However, you can also choose to find your own work and many young people who do this work in restaurants, bars, café or even as babysitters/nannies.

If you’re thinking about going down the working holiday route, then you need to read on for advice on Australia’s most affordable cities for working holiday makers.

Gold Coast

The Gold Coast is one of the most famous destinations in Australia, and for good reason. With amazing nightlife, vibrant beaches and plenty of other young people – you will feel right at home. Because it is home to Bond University, the Gold Coast is home to plenty of young people and restaurants, bars and cafes too. This makes it perfect for those looking to find work but because of the huge student population, the prices are normally cheaper than other places.


Strange name aside, this city is incredibly close to Sydney, meaning that you don’t have to miss out on the amazing experience of Sydney. This is a popular option for those who want to go on a working holiday because of its proximity to Sydney means that there are often plenty of work opportunities nearby. And because it’s not quite in the borough of Sydney, there is a lot of nightlife for a fraction of the price.


Of all of Australia’s major cities, Adelaide is the cheapest and most affordable to live in. Not only that but it is also widely regarded as the food and wine capital of Australia, and the open spaces mean that it really is one of the most beautiful cities in the world. It has state of the art transport which means it’s perfect for people who are working and want to get around easily. Adelaide really is one of the best places for working holiday makers and anyone looking to work in the country should consider moving here.


Among Australia’s most affordable cities for working holiday makers,  Australia’s third largest city and capital of Queensland should mean that Brisbane is one of the more expensive cities on this list, but it’s actually one of the cheapest for people looking for working holidays. Unlike many of the other cities in Oz, Brisbane often has a cooler climate, and although it still experiences lush hot days, it doesn’t get quite as warm as the rest of the country. Public transport is excellent, meaning that you can easily get from place to place and the suburbs of this city are not only cheap and affordable but well designed and safe.


Planning ahead is a good thing when it comes to money. If you’re thinking of move to Australia for working holiday may be you want to think about getting your tax back from the government. But most people forget about their superannuation refund. Apply for your refund now!

How to Withdraw Superannuation Early

Unlike other retirement investment mechanisms, a superannuation will be available to an eligible employee at a set schedule.

It is a fund that is not dependent upon market performance but on a variety of factors, such as number of years as an employee for a company and the amount of salary received.

But what if you want to claim your super benefits earlier? A superannuation is usually withdrawn once one reaches the preservation age, but are there cases when it can be taken earlier?

The short answer is YES, as long as you’ve met a condition of release. However, the circumstances that allows this to happen is very limited. Here are the different conditions that allow for early withdrawal from your superannuation fund:

How to Withdraw Superannuation Early

Super is less than $200

You are entitled to access your preserved benefit if the super is less than $200 when you leave your job.

Compassionate grounds

There are several ways you can withdraw your super on compassionate grounds. You can access your preservation fund if you are paying for medical treatment – either your own or for a dependent. You can also get you super if you are making loan payments so your house is not taken away.

It is also possible to withdraw from your superannuation fund if you are modifying your home or vehicle to be suited for disability – either your own or that of a dependent. The fund can also be tapped into for funeral or burial expenses.

 Severe financial hardship

You can get your superannuation if you satisfy the government’s requirement for being considered under “severe financial hardship.” You are eligible is you have been receiving Commonwealth Government income support, like unemployed benefits, continuously for at least 26 weeks.

The payment you receive is intended for daily living expenses, with the maximum amount to be paid capped at $10,000. You can only withdraw from your super fund once in a 12-month period.

Terminal medication condition

 You can access your super early if you have a terminal medical condition. However, you have to meet certain criteria to be eligible. One, you need two medical practitioners to certify that your condition will likely result in death with 24 months. Two, one of the medical practitioners needs to be a specialist in the area that is related to your condition. Three, the certification period of the certificates has not ended.

 Temporary incapacity

You can withdraw from your super if you suffer from a physical or mental condition that renders you temporarily unable to work. You will receive regular payments for the length of time you are not able to work.

 Permanent incapacity

You can tap into your super if you are considered permanently incapacitated. However, you must satisfy the requirement of “permanent incapacity” required by your fund. This means that your condition, be it mental or physical, prevents you from gaining employment in a field that you are qualified to do via education, experience, or training.

Read more about how to claim Superannuation

Did you know there are over $540 million unclaimed Australian Superannuation payments? Let’s make sure yours not going to end up on the unclaimed pile  Apply for your Superannuation Refund today.

Brilliant Money Quotes

Saving money isn’t easy and getting motivated to make money can be a challenge. But what happens when you have money that you don’t know about? Did you know that there is currently over $540 million Australia dollars left in Australia by working holiday makers and skilled migrants?

Don’t be that guy who left over $2000 in Australia and complained about being broke, while eating pot noodles in your hostel on the Koh San Road.

Here’s 3 hilarious money quotes that we had to share with you




Do you know if you’re owed a superannuation refund? Find out here by filling in our online form.