- Put the cash into the mortgage on your home
- Superannuation (super)
- Investments outside super
- $840 in the 16-cent bracket — $10 less versus super,
- $700 in the 30-cent bracket — $150 less,
- $630 in the 37-cent bracket — $220 less, and
- $550 in the 45-cent bracket — $300 less.
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- Interest saved via mortgage: about 6 per cent per annum (a reasonable long-term average interest rate for Australia)
- Return on super: about 8 per cent per annum (average from 1993 to 2024 at Super Guide)
- Return on Australian shares (common investing example): about 9 per cent per annum on average, according to Morningstar analysis of the last 30 years.