top tips for a great start to the new financial year

Balance

The new financial year is a great time to check in on your super – after all, it may be your biggest asset. Here are some easy things you can do to help it grow.

 

 

1.    Register for an online account or download the HESTA app

The easiest way to watch your super grow is by having an online account with HESTA. You can check your balance, top up and manage your super online or via the HESTA app 24/7.

Register for an online account or download the app

 

2.    Combine

If you’ve worked more than one job in your life, chances are you’ll have more than one super account, and that may not be in your best interests. Multiple super accounts means multiple sets of fees. One way to improve your super balance is by combining multiple accounts.

Find out more about combining multiple accounts

 

3.    Check your payslip

The super guarantee (SG) is now 11.5%* of an employee’s ordinary time earnings. This is the minimum super that employers must pay their employees. Check your next payslip to ensure your employer is paying you the correct amount. If it doesn’t look right, speak to your payroll department.


*
The minimum legislated Superannuation Guarantee (SG) contribution is 11.5% and will rise to 12% from 1 July 2025 onwards. 

 

 

you might also like

Want to explore what the future looks like?

Our Future Planner tool helps take away the mystery around your financial future. See how much money you're projected to have in retirement and your options for growing your super. Log in to your account to get started.