What Are the Best Investments for FIFO Workers? FIFO workers earn more than the national average. That extra income gives you a serious edge—if you invest it properly. So, where should you put your money? Here’s what works best for FIFO workers who want long-term financial growth without unnecessary risk.
Low-Fee ETFs (Exchange-Traded Funds)
ETFs are one of the easiest, most effective ways to invest. They’re low-cost, diversified, and don’t require much effort to manage.
Superannuation Contributions
FIFO workers often don’t pay attention to their super—but you should. Adding even a few thousand dollars extra each year can grow into hundreds of thousands by retirement, thanks to compound interest and lower tax rates (15%). Make concessional contributions (pre-tax, up to $27,500/year), consider salary sacrifice, and choose a fund with low fees and strong performance (e.g., Hostplus, AustralianSuper)
Investment Property
Property is popular among FIFO workers. But it only makes sense if you have a stable income, you’ve saved a 20% deposit, and you understand cash flow and expenses. Also, keep in mind, avoid buying just because your mates told you to.
High-Interest Savings Accounts & Term Deposits
FIFO workers often want to park money for short periods before investing. These options will help you avoid spending temptation, keep money accessible, and earn guaranteed interest. Also, set emergency funds, save for property deposits, or plan for time off. What Should FIFO Workers Avoid? Crypto hype (unless you’re okay with losing it), Get-rich-quick schemes, High-fee managed funds, buying too much property too soon, spending instead of investing (“I’ll start later” mindset).
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