What are the benefits of salary packaging? with smart's mike daly

Amidst all this talk about the cost of living crunch, there's one overlooked 'hack' that could save people over $5k. It's salary packaging, or salary sacrificing. The savings aren't explicit, but you do save on tax.
Many people know they can salary sacrifice super contributions, but did you know with some workplaces you can also do it for your petrol, transport, groceries, your mortgage, and your car? Some professions can sacrifice around $16k. Here to chat about that is Mike from Smart Salary Packaging, which works with companies to deliver their packaging schemes. He discussed the benefits, as well as probably the hottest topic - novated leasing, and if it's worth it. Great insightful chat!
00:00-00:43 - Intro
00:43-01:49 - Mike's Savings Tip
01:49-02:43 - Why aren't more people salary packaging?
02:43-04:44 - Benefits of salary packaging
04:44-07:08 - Educating workplaces on salary packaging
07:08-08:15 - Why not for profits get a bigger sacrifice
08:15-09:30 - Intro to novated leases
09:30-12:29 - Novated leasing benefits
12:29-13:23 - No GST on novated leasing cars
13:23-14:21 - Outro