Consumer and Financial Literacy

How are investments different from savings?

• Lower interest higher risk

• Lower interest lower risk

• Higher interest higher risk

• Higher interest lower risk

Are investments a guarantee?

• Yes

• No

When should you buy and sell stocks?

• Buy low Sell high

• Buy high Sell low

• Buy low Sell low

• Buy high Sell high

What are bonds?

• Investment with agreements between parties within a fixed period of time at a certain interest

• Savings

• Property

• Cash

Where can investors buy and sell stocks?

• Supermarket

• Cinema

• Stock market

• Restaurant

What is superannuation?

• Superannuation is money put aside so you have money to live off when you retire

• Superannuation is money you pay the government every year

• Superannuation is money you pay the government when you retire

• Superannuation is not paid by your employer

Who is entitled to receive superannuation?

• Full-time employees

• Part-time employees

• Casual employees

• All of the above

What is the Superannuation Guarantee?

• Percentage of earnings your employer can choose to pay into your super fund

• Maximum percentage of earnings your employer needs to pay into your super fund

• Minimum percentage of earnings your employer needs to pay into your super fund

• Percentage of earnings you pay your employer

What is the current rate of Superannuation Guarantee (SG)?

• 6.5%

• 9.5%

• 8.5%

• 12.5%

What will the rate of Superannuation Guarantee (SG) be in 2025?

• 9.5%

• 11%

• 13.5%

• 12%