savings account created for all Australian workers to help them prepare for retirement

the money a worker receives which is based off their hourly rate and how many hours they worked during their pay cycle.

differs from wages because people who are paid a salary are not paid per hour. They have a fixed amount they get paid per year.

a financial gain, especially the difference between the amount earned and the amount spent in buying, operating, or producing something.

the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields

Create products that address and fix problems. Solve issues to keep their product or company relevant in a competitive market.

The process of working with people in a group to achieve a goal.

They must be able to plan in order to make their ideas a reality