We all have to learn about tax, managing money, paying our bills and filling out the forms for anything we want to do. Some of the websites below are set up to help you.
Information for students about government assistance for financing tertiary study.
Australian Tax Office - Tax File Number
One of the first contacts you may have with the Australian Tax Office is to obtain a Tax File Number. Your tax file number (TFN) is your personal reference number in the tax and super systems. Your TFN is an important part of your tax and super records as well as your identity, so keep it secure. Your TFN is yours for life.
You keep the same TFN even if you change your name, change jobs, move interstate or go overseas. You don't have to have a TFN, but without one you pay more tax. You also won't be able to apply for government benefits, lodge your tax return electronically or get an Australian business number (ABN).
If you're an Australian resident, you can apply for a tax file number (TFN) in various ways, depending on your circumstances.
You may apply for a TFN: at Australia Post, at a Department of Human Services (Centrelink) or Department of Veteran's Affairs centre, or by post
Australian Tax Office - Superannuation Choice Form
Your employer will need to know the superannuation fund in which to pay your superannuation money. If you don't provide this your super money will go into the employer's default super fund for you. If you have multiple jobs you could end with money all over the place. If you decide on a super fund in the beginning and stick with it, at least it will be in one place to move when and if you want to.
Use the superannuation form to advise an employer of your choice of super fund. They are supposed to supply it to you but this may not happen so be proactive, get it completed ready to hand over each time. You can access it yourself from the ATO website.
Centrelink provide financial support to assist with costs while you finish school, undertake tertiary education, or undertake an Australian Apprenticeship or traineeship. These payments usually continue during semester breaks and between courses. There is a lot to explore and learn on this site.
The Enterprise Network for Young Australians (ENYA) is a not for profit organisation run by young people, for young people. ENYA supports and promotes the active participation of young people in enterprise, in an ethical and sustainable manner.
ENYA believes that not only does youth enterprise impact on employment, business acumen, workplace opportunities and financial independence amongst young people; it also encourages young people to become active, innovative, creative and socially responsible citizens.
Financial Guidance provided by ASIC, Australian Securities and Investments Commission.
Some very useful tips to start out in life.