25+ financial terms explained in plain language. Search, browse by category, or explore A-Z.
25 terms found
Ask Felix anything about these financial terms. Your AI financial coach explains concepts in plain language and helps you apply them to your life.
Download Richify — It's FreeA financial glossary is a reference guide that defines financial terms in plain language. Our Australian financial glossary covers terms specific to Australian financial products, tax rules, superannuation, property, and investing — explained simply so anyone can understand them.
Australia has its own financial system with unique products not found elsewhere: superannuation (instead of 401k/IRA), HECS-HELP (unique student loan system), franking credits (imputation tax system), negative gearing (tax treatment of investment properties), and state-based stamp duty. Understanding these terms is essential for financial literacy in Australia.
Superannuation — it's the foundation of your retirement savings and everyone with a job in Australia has it. Understanding how super works (SG rate, concessional vs non-concessional contributions, investment options, preservation age) is arguably the single most important financial concept for Australians.
Start with the Richify app — Felix, your AI financial coach, can explain any of these terms in context and help you apply them to your personal financial situation. The ATO, ASIC's MoneySmart, and industry super fund educational resources are also excellent free resources.