Home' Australian Ageing Agenda : AAA May-Jun 2011 Contents *Any contributions in excess of these limits will be subject to total tax of 46.5%. Issued by H.E.S.T. Australia Limited ABN 66 006 818 695 AFSL 235249 trustee of HESTA Super Fund
ABN 64 971 749 321. It is of a general nature and does not take into account your objectives, financial situation or specific needs. Yo u should look at your own financial position and
requirements, and consider our Product Disclosure Statement before making a decision about HESTA. Free call 1800 813 327 or visit hesta.com.au for a copy.
Your super is an investment in the
future -- your future.
But the basic amount your employer
contributes to your super on your
behalf (known as Super Guarantee or
SG contributions) may not be enough to
support you when you retire.
Fortunately, you have two options,
so you don't have to rely on just the
contributions made through your
1. Get your money's worth with the
Finding extra money to contribute to
your super can be hard to find.
So, imagine getting a dollar-for
dollar match for your after-tax super
contributions -- up to $1,000! Well, that's
exactly what the government may do to
help eligible members boost their super,
with the government co-contribution.
Set up a pay deduction to make regular
contributions each pay period or make
extra contributions by direct debit, BPay
Go to hesta.com.au/contribute for
more information and the full eligibility
2. Make a salary sacrifice and benefit
Salary sacrifice contributions are simply a
portion of your before-tax salary paid into
This means the amount is subject to
contribution tax of 15 per cent, rather
than your income tax rate -- which may
be as high as 45 per cent, depending on
These contributions also reduce your
taxable income. However, unlike after-tax
contributions, they are not eligible for the
If you're under 50 you can have up to
$25,000* in before-tax contributions,
including salary sacrifice and your
employer's SG amounts. For those aged
50-plus this amount doubles to $50,000*.
To take up this option, ask your employer to
set up a salary sacrifice arrangement.
For more information about growing your
super savings go to hesta.com.au or call
1800 813 327.
Remember, making voluntary contributions
now means you may have more money to do
what you want later in life!
How to grow your super savings
Professor Andy Lee
GREEN TEA DRINKERS are
significantly less likely to suffer
urinary incontinence (UI)
than people who drink other
beverages like black tea or
coffee, according to a study
of 298 Japanese women aged
between 40 and 75.
The study, published in the
journal Neurology and Urodyamics
in early April, is the first to have
found a link between green
tea and urinary incontinence,
a condition most commonly
experienced by older women.
Professor Andy Lee from Curtin
University in Perth collaborated
with a Japanese team on the
study, which found that UI
was less common among the
women who usually drank
green tea than among those
who preferred other drinks, and
that those who drank four or
more cups of green tea per day
were significantly less likely to
experience the condition.
"We are not asking people
with urinary incontinence to
drink any extra cups of fluid --
of course that may make the
condition worse -- but because
you normally drink coffee, black
tea, juice or whatever, perhaps
replacing the other beverages
with green tea is a good idea,"
Professor Lee said.
"Of course, this could be
related to long term exposure,
but on the other hand we must
say that it's never too late. If you
haven't developed the condition
already, I think you can still benefit
from switching to green tea."
Previous research suggests
that polyphenols found in
green tea, particularly one
gallate (EGCG), are responsible
for the ever-growing list of health
benefits attributed to it. Most of
the polyphenols found in tea,
including ECGC, are oxidised
during the process used to
make black tea.
Other studies in mice have
shown ECGC can decrease the
occurrence of urinary bladder
cancers as well as renal injury
caused by high glucose levels,
which are commonly associated
with type 1 diabetes.
Professor Lee has previously
worked on studies that have
found correlations between the
seemingly magical drink and
reduced risk of urinary stone
formation, prostate cancer,
ovarian cancer, lung cancer and
He would now like to undertake
a much larger study to more
thoroughly investigate these latest
findings, which were based on
looking at data retrospectively. n
Another plus for green tea
AAA | MAY--JUNE2011 | 11
Links Archive AAA Jul-Aug 2011 AAA Mar-Apl 2011 Navigation Previous Page Next Page