Jacob Fenech

And provided that I lodged this notice of intent to claim form, like say I'm with Australian Super, if I send, make however I do that, then I could potentially claim that $5,000 or $10,000 as a tax deduction.

When do I have to send the notice of intent to claim?

Like do I have to send that before June 30 as well?

Or do I, how does that work?

Okay, cool.

That's good to know.

Yeah, so this is something... So now if I just take off my student hat for a second, this is something that I told to my mom's partner.

He runs his own business and he's never in his life contributed to super.

I said, well, mate, you're looking at retiring in the next five or 10 years.

Why don't you just...

put some of your cash that you got sitting in your bank account into super and let it grow for you, climate tax deduction on the way in.

And he's like, what, I can do that?

I'm like, yes, there's a limit, but you can do that.

Just set up a superannuation account and put it in.

So I think this is like, yeah.

For a lot of people that are prepared to put their money in super, I think that's the big decision.

Do you want to put your money into super?

Yeah.

Like you said, you're speaking from the tax side of things.

I'm speaking from the investing side of things.