I am 34 and am currently salary sacrificing $24k a year into super. Would it be better for me to put this money towards my mortgage?

Q.

I am 34 years old and earn $110,000 per annum which includes leave and super. I am five years into a 30 year mortgage on a house my sister lives in, and have about $230,000 left to pay on a 100% variable rate - currently about 5.3%. I pay $1,050 per fortnight towards this. I have just started salary sacrificing $24,000 of my annual salary to super, and currently have $25,000 in my fund. Should I be putting this money into the mortgage repayments, or keep putting it into super, or invest - or some combination of the above?

I am reluctant to see a person of your age put too much into super because it's 26 years before you can access your money and there will certainly be changes to the rules in that time. An option may be to have a "bit each way" and halve the amount you salary sacrifice to super and use that as interest on a loan to invest in shares. Obviously you will need to take advice but if you used a home equity loan you would be most unlikely to ever face a margin call.