A share is a contract between a company and a shareholder. This gives the shareholder the right to participate in profits, hold an interest in the management of the company and if the company is dissolved, a claim upon assets remaining when all debts have been paid.

Margin lending is borrowing money to invest in shares or managed funds. This enables you to gain leveraged exposure to investments using your existing cash, shares or managed funds as security for the loan.

Wrap accounts are similar to master trusts, except that they act as a custodial service with investments in assets made under an individual's name and held under one administrative umbrella. All transactions within a wrap account are made via a cash account.

All employers are required by law to provide compulsory minimum superannuation contributions for their employees. The current level of SG contributions is 9% of an employee’s gross income. SG contributions must be made at least quarterly into a complying superannuation fund.

An initiative introduced by the government. Under this policy the government will match personal super contributions of $1,000pa with a “co-contribution” up to $1,000pa for employed individuals with assessable income (plus reportable fringe benefits) of $31,920pa or less. The co-contribution completely phases out when assessable income (plus reportable fringe benefits) reaches $61,920pa.