How To Make Your Tax Return Work Harder: Invest It Toward Your Next Big Goal
Jun 18, 2025
Tax time. For some of us, it’s a time of spreadsheets, snacks and stress—but for many Aussie women, it’s also an annual chance to get a bit of money back in our pocket.
While it might be tempting to spend your tax return on a weekend getaway or a wardrobe refresh (and hey, no judgement—we’re all for balance), there’s another powerful option: putting your refund to work through micro-investing.
That’s where Raiz comes in.
Why your tax return deserves more than your spending spree
Every year, millions of Australians receive a tax refund—but too often that money gets absorbed into day-to-day spending. If you’re serious about building wealth and working toward financial freedom, your tax return could be the perfect opportunity to boost your investment journey.
Rather than letting that cash sit in your bank account or disappear into the abyss of ‘treat yourself’ spending, you can invest it towards something that truly matters to you. A home deposit. A future business venture. That big overseas trip. You name it.
Here’s what your refund could become
In 2024, the average Australian tax refund was just over $2,500. Instead of letting it sit idle, what if you invested that amount into a Raiz goal-based Jar? Even if you make no further contributions, and excluding fees:
- With a conservative return of 4.5% return p.a, it could grow to approximately $2,613 after one year.
- With a higher-growth portfolio at 10% return p.a, it could grow to around $2,750. While actual returns vary, the key takeaway is clear: your refund has real potential to move you closer to your goals.
Enter: Raiz Jars (your goal-based investing secret weapon)
Raiz makes it easy to invest toward your goals through our Jar feature—designed so you can plan and invest for life’s big (and little) milestones. Each Jar is like a separate savings bucket, but instead of just saving, you're investing—which means your money has the potential to grow over time.
And because it’s all done via the Raiz app, you’re in complete control. You choose how much to contribute, how often, and what you’re investing towards.
Here’s how to turn your tax return into an investment opportunity:
- Log in to the Raiz app
- Create a new Jar – think: “Europe 2026” or “First Home Boost”
- Invest your tax return into the Jar
- Set up recurring contributions to keep building on it
- Track your progress and celebrate the milestones!
Why Aussie women are loving this approach
For so many women in the Ladies Finance Club community, financial freedom means choice—whether it’s the ability to take a career break, go solo on a house purchase, or retire early.
Micro-investing with Raiz helps you build that freedom with small, regular steps that fit your lifestyle. And by directing your tax return into an investment Jar, you’re taking advantage of a lump sum moment to supercharge your goals.
Plus, with Raiz:
- You can get started with as little as $5
- There are no fees for switching portfolios
- You can withdraw your money whenever you like, without fees
- There’s a range of diversified portfolios to suit your risk level
Real talk: is it risky?
Like all investments, there are risks involved and returns aren’t guaranteed. But investing doesn’t have to mean going all-in on high-stakes shares. With Raiz, you’re investing into a managed fund with diversified portfolios. You can choose a portfolio that aligns with your comfort level—whether that’s conservative, balanced or more growth- focused. Invest in the future you’re working so hard for. Your tax return is the perfect place to start.
