Mark is 36 years old and is employed on a full-time basis by 'Tradies are Us' as a plumber. Mark lives at home with his parents, is single and has no dependents (children). He has been working with 'Tradies are Us' for fifteen (15) years and during this time he has been able to save an amount $150,000. Mark is also a member of an industry superannuation fund and has a balance of approximately $130,000.

Mark is concerned about his finances and wants to ensure that he will have enough money for his retirement. He would also like to buy a 2-bedroom unit in Elwood in the next 2-3 years. Mark does not know about how superannuation works and has come to you for advice.

a)When can Mark access his superannuation and what are the conditions to access it?

b)What options does Mark have to use the money if he contributes the $150,000 into his superannuation fund and can he get the money out in 2-3 years' time to buy a unit?