Making the most of your tax refund

Did you receive or are you expecting to receive a tax refund this year?

How Australians choose to spend their tax refund can vary considerably. For example, some may choose to use it to pay bills, whilst others may decide to save it, make debt repayments (e.g. home loan and credit cards), splurge on their next ‘want’ item’, or spend it on a holiday, household appliances or car registration.

Whatever you decide, consider what’s important and how the appropriate use of a tax refund could make a difference to you.

Watch our animation, for several helpful spending suggestions that could help you to make the most of your tax refund.