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knowledge and understanding

AC9HE10K04

the importance of Australia’s superannuation system and how this system affects consumer and financial decision-making

Elaborations

  • AC9HE10K04_E1explaining the importance of Australia’s superannuation system in relation to human and financial wellbeing in retirement and the government’s ability to maintain a welfare payment system for the common good
  • AC9HE10K04_E2identifying why individuals make decisions about superannuation investment options and how their circumstances, such as age, employment status, dependents and anticipated retirement age, affect these decisions
  • AC9HE10K04_E3explaining how individuals manage a personal superannuation fund; for example, who contributes, taxation, consolidating superannuation funds, finding lost superannuation and tracking the performance of a superannuation account

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AC9HE10K04 – the importance of Australia’s superannuation system and how this system affects consumer and financial decision-making | LessonForge