Financial wellbeing
At Metro North Health, we recognise that financial wellbeing is a crucial component of overall wellbeing. It is a personal journey influenced by a range of internal and external factors.
Financial stress can significantly impact a person’s health and relationships, often manifesting as arguments over money, difficulty sleeping, feelings of anger or fear, mood swings, fatigue, and physical ailments. Achieving balance across all aspects of wellbeing—physical, mental, social, financial, and workplace—is essential for living and performing at our best.
To support our employees’ financial wellbeing, we offer a variety of resources and services, including financial information, eLearning modules, and financial planning via TELUS Health. Additionally, employees can benefit from salary packaging options and various corporate discounts and offers.
What can you do to improve your financial wellbeing?
- Acknowledge the link between financial wellbeing and mental health and think about how this affects you personally.
- Get in control of your finances by setting time aside for money matters – try and get into the habit of doing this regularly.
- Don’t delay—the earlier you get on track with your finances the better.
- If you need a helping hand, ask someone close to you who will offer help without judgement.
- Plan and take a step-by-step approach, acknowledging each task ticked off your to-do list as an achievement.
- Seek help from a free, financial counsellor available through the National Debt Helpline or other services like TELUS.
Resources
Superannuation
QSuper provides a comprehensive superannuation solution for government employees, offering a range of benefits designed to support financial security and retirement planning. They offer personalised financial advice, educational resources, and tools to help members maximise their superannuation savings.
Although Qsuper is the default fund for Queensland Government employees, it is your choice and at everyone’s discretion to choose the super fund that suits your best financial interest. Please find a list of possible funds below:
Salary packaging and novated leasing
Salary packaging and novated leasing offer government employees the opportunity to maximize their take-home pay and enhance their financial wellbeing. Through salary packaging, employees can allocate a portion of their pre-tax salary towards a variety of benefits, such as laptops, additional superannuation contributions, and work-related expenses, reducing their taxable income. Novated leasing allows employees to lease a car using pre-tax salary, covering vehicle costs including maintenance, insurance, and fuel. These arrangements provide significant tax savings and financial flexibility, helping employees manage their expenses more efficiently.