Helen Baker is interviewed on Ticker News about why business owners should be contributing to their own superannuation accounts, instead of putting it off into the future.
Topics discussed include:
- The risks and benefits of paying into super
- Why thinking that keeping cash within the business to protect cash flow can cause problems later on
- Superannuation is protected against bankruptcy and creditors in legitimate situations
- The ‘average’ employee is getting about $8,000 per year added into their superannuation, and business owners could miss out
- The opportunities to add regular amount, get tax benefits, government co-contributions etc
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