A teenage hangout that's become a super investment

December 12, 2022

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Super doesn’t always have to be serious. Those who grew up in the 1980s will no doubt remember Timezone—the flashing lights and row upon row of arcade games that held a certain allure to the kids of Australia. 

Young woman is having fun in amusement park playing table hockey

The Timezone of today is very different. It’s undergone a transformation from dubious teenage hangout to a family-friendly venue featuring a vast array of games, rides, attractions, and amusements.

So, what does this have to do with my super? Well, the company behind Timezone, The Education and Entertainment Group (TEEG), has experienced significant international growth in recent years, and continues to expand across Australia and the Asia Pacific, making it a great investment opportunity for TelstraSuper.

Since the first Timezone opened in Perth in 1978, TEEG has expanded to Singapore, Indonesia, Philippines, India, and Vietnam. It’s also opened Timezone Play N Learn centres, the brand’s indoor play centres for younger children and acquired Kingpin and Zone Bowling. It operates over 324 Family Entertainment Centres, spanning seven countries across the Asia Pacific, which basically means the fun never runs out! 

Run out of ideas to keep the kids amused? Why not take them to your local Timezone, Kingpin or Zone Bowling this school holidays and enjoy some fun for the whole family while potentially growing your super at the same time.

Want to talk about your TelstraSuper investments? Get in touch to receive simple and general advice about your investment options and risk profile at no additional cost to you. If you’d like to discuss your super, contact us on 1300 033 166 or by filling in our online contact form. 

 

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Any general advice has been prepared without taking into account your objectives, financial situation or needs. Before you act on any general advice, you should consider whether it is appropriate to your individual circumstances. Before making any decision, you should obtain and read the relevant Product Disclosure Statement and Target Market Determination or call us on 1300 033 166 for copies of these documents. You may wish to consult an adviser before you make any decisions relating to your financial affairs. To speak with an Adviser from TelstraSuper Financial Planning call 1300 033 166.