In Brief

A positive year for member’s super returns

AustralianSuper’s Balanced option has delivered a return of 8.67% for the year and 10.72%pa for the three years to 30 June 2019. This is the tenth consecutive year of positive returns for members in the Balanced option. After a challengin...   
In Brief

Mind the (contribution) limits

As we edge closer to the end of the financial year, it may be timely to remind employees of annual super contribution limits so they can avoid paying extra tax. For 2018/19, the annual limit on before-tax contributions remains at $25,000 fo...   
In Brief

Our admin fee has increased

From 30 March 2019, AustralianSuper’s administration fee increased from $1.50 to $2.25 per week, which is an additional $39 per year. This is the first fee increase in nearly a decade and reflects rising costs. The increase ensures our me...   
In Brief

It’s EOFY time!

It’s getting to that time of year again. And while you’re likely to have your hands full wrapping things up for the end of financial year, getting your super sorted nice and early will give you some peace of mind. To make sure your supe...   
In Brief

Advice options for your staff

AustralianSuper offers a number of financial advice options to help your staff achieve their best possible retirement. Here’s what’s on offer. Online calculators Great for looking at how you could top up the Government Age Pension with ...   
In Brief

AustralianSuper is a 5 star performer

The AustralianSuper super product is one of only 6 funds to receive the 5 star rating in 2019, one that we’ve maintained since 2011. The AustralianSuper account based pension product, Choice Income, is also 5 star rated for 2018, the most...   
In Brief

Are you fielding questions about super?

Many employees go to their boss or manager for information about their employer super fund. If this applies to you, you’re probably doing your best to give them the information they need. But you don’t have to be their sole source of he...   
In Brief

How much super?

Just how much super do you need to retire and what difference does it make? Two questions that may have you stumped if put to you by an employee. The good news is, there’s a calculator for that! The Australian Securities and Investments C...   
In Brief

Super contribution limits reminder

The beginning of a new financial year is a good time to remind employees to keep within the annual limits to avoid paying extra tax. For 2018/19, the annual limit on before-tax contributions remains at $25,000 for all age groups. Before-tax...   
In Brief

First home super saver scheme update

The Government has introduced the First Home Super Saver (FHSS) scheme to help Australians save for their first home. From 1 July 2017, first home buyers have been able to make voluntary contributions into their AustralianSuper account, up ...   
In Brief

Single Touch Payroll update

Single Touch Payroll (STP) reporting started on 1 July for businesses with 20 or more employees. If this is you, you’re either on board with the software and will have commenced reporting or you’ve applied for an extension from the ATO ...   
In Brief

Reduced insurance cover costs are here

We’ve reduced the cost of insurance cover to deliver better value to members. From late May, the cost of cover through AustralianSuper will decrease by an average of 14% for Death cover, 6% for Total & Permanent Disablement cover and ...   
In Brief

Unpaid super is in the news

Media attention has focussed recently on unpaid super and government moves to increase penalties for non-payment of the Super Guarantee to employees. Also on the cards is proposed legislation giving the Australian Taxation Office (ATO) enha...   
In Brief

EOFY super payment due dates

It’s getting to that time of year again. And while there is plenty on for businesses wrapping up the financial year, getting your super sorted nice and early will deliver some peace of mind. To make sure your super payments get counted in...   
In Brief

Get super fit at a business briefing

While we don’t guarantee overnight results, attending a business briefing can arm you with the know-how to become more confident and informed about super. They offer businesses of all types and sizes the opportunity to hear the latest sup...   
In Brief

Do you really need $1 million to retire?

You’ve heard that you need $1 million in super savings to live on when you retire. But do you? Given that everyone has different ideas and means for retirement, how much money you need to retire on really does depend on your personal situ...   
In Brief

Are you ready for Single Touch Payroll?

If you have 20 or more employees, Single Touch Payroll (STP) starts 1 July 2018. To help you be prepared, here’s a summarised check list. You can view the full one at ato.gov.au/singletouchpayroll Speak to your payroll software provider a...   
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A resource for employees nearing retirement

AustralianSuper has recently launched a new content hub called Money in the Next Third for members approaching retirement. The initiative aims to simplify retirement planning, focusing attention on the small but powerful things people can d...   
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What’s new January – March 2018

We’ve updated our Product Disclosure Statements (PDSs), valid from 28 October 2017. View and download them at australiansuper.com/PDS If you’re interested in learning more about AustralianSuper’s environmental, social and government m...   
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2017 Indicators of a Thriving Workplace

The 2017 Indicators of a Thriving Workplace Survey is the latest research produced by SuperFriend which measures the current state of workplace mental health and wellbeing in Australia. Now in its third year, the survey involved over 5,000 ...   
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Single Touch Payroll update

Designed to simplify the business reporting of tax and super to the Australian Taxation Office (ATO), Single Touch Payroll starts 1 July 2018 if you have 20 or more employees. If this applies to your business, having a conversation with you...   
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New TTR Income account is coming soon

Following legislation changes introduced in July 2017, there are now a number of Choice Income product differences that apply to retired members and transition to retirement (TTR) members. These variances can further complicate what is alre...