Superannuation is Australia's compulsory retirement savings system. Employers must pay a percentage of your ordinary-time earnings into a registered super fund on top of your wage, currently 12 per cent. This applies to working holiday makers as well as permanent staff.
The money sits in a super fund in your name. When you leave Australia permanently and your visa has ceased, you can claim the balance as a Departing Australia Superannuation Payment (DASP).