Quote Originally Posted by BearOrigin View Post
Those working in government jobs are often approached by companies offering salary sacrifice arrangements to buy a new car etc. Don't fall for that. Of course it sounds like you're paying less taxes because your sacrificed salary percentage is used to buy a new car but often the price of the new car from that company is inflated from market price and even if the car is totalled you have no way of escaping the repayment.

Most supers have personal contribution options but I won't go crazy with it. Even with a lowered payable tax on income you still get taxed pretty high on your super balance. Best to save your extra cash in a high interest savings account or convert them to precious metals to beat future inflation.
Sorry my friend but with all due respect you are talking total Bollox. Salary sacrifice is free money its a total no brainer to max it out for anyone earning over 45 grand a year. If your marginal rate of tax is 30% then the tax set off means you instantly make 15% gain by paying into super. Then once it's in there it attracts 15% tax rate on either interest or capital gains, compared with at least 30%/25% respectively outside super. After tax the bank account you are extolling pays 3.15%. And if you want to buy gold many super funds can accommodate that within their fund....my fund legal super certainly can