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News & Media

Media Statements & Releases

Media Statements     

Ms. Casey Thompson has joined the board of First Super, replacing longstanding trustee Frank Vari.  First Super CEO Bill Watson thanked Mr. Vari for his diligent service to fund members and welcomed Ms. Thompson as a Trustee.  “Casey Thompson is an outstanding addition to our board and her new role demonstrates the ongoing renewal and […]

Media Statements     

On the 30th Anniversary of Australia’s compulsory superannuation system, First Super has released data showing that its Coffs Harbour members who joined the fund in 1992 have an average account balance of $163,443 – above the national average for superannuation accounts of $106,162*. First Super comes out of the furniture, pulp and paper and timber […]

Media Releases     Media Statements     

On the 30th Anniversary of Australia’s compulsory superannuation system, First Super has released data showing that its Latrobe Valley members who joined the fund in 1992 have an average account balance of $251,976 – above the national average for superannuation accounts of $106,162*. First Super comes out of the furniture, pulp and paper and timber […]

Media Statements     

On the 30th Anniversary of Australia’s compulsory superannuation system, First Super has released data showing that its northern Tasmanian members who joined the fund in 1992 have an average account balance of $172,345 – above the national average for superannuation accounts of $106,162*. First Super comes out of the furniture, pulp and paper and timber […]

Media Statements     

On the 30th Anniversary of Australia’s compulsory superannuation system, First Super has released data showing that its Mt Gambier members who joined the fund in 1992 have an average account balance of $190,277 – above the national average for superannuation accounts of $106,162*. First Super comes out of the furniture, pulp and paper and timber […]

Media Releases     

One in ten members of First Super who joined the fund in 1992 currently have a balance greater than $295,000. And with some of these members as young as 47, some balances at retirement are expected to exceed $1 million. On the 30th anniversary of the introduction of compulsory super payments on wages today, First […]

Media Releases     

Superannuation industry leader Michelle Boucher joins First Super this week as Deputy CEO, taking on responsibility for business development and marketing and communications functions. Previously Michelle Boucher worked in executive positions at Cbus Super, between 2013 and earlier this year.  Prior to Cbus Michelle worked at Emergency Services and State Super. At Cbus Michelle held […]

Media Releases     

A new director and associate director have joined the First Super Board. They commenced their terms on 1 January this year. Anthony Pavey, who has worked for Australian Paper since 2002 and is currently the on-site Secretary of the Maryvale Sub-Branch of the Construction Forestry Maritime Mining and Energy Union (CFMMEU) Pulp & Paper Workers […]

Latest News

Investment Update     Latest News     

FROM THE CEO You’re with the Best of the Best The first half of the 2023/24 financial year has seen First Super go from strength to strength. Our Growth option’s sustained performance has been recognised by Money Magazine as the Best of the Best Balanced Super Product, beating bigger funds, and demonstrating that First Super […]

Investment Update     Latest News     

Here’s a look at what’s been happening in investment markets recently and what it means for your superannuation. Inflation and geo-political tensions remain a core factor How quickly expectations of the financial markets can change. And then, there is always that unexpected new event which unsettles the financial markets. As inflation further slowed and economic […]

Investment Update     Latest News     

Shahana Mukherjee, from the Capital Markets team wraps up 2023, and looks ahead to 2024. The markets finished quite strongly at the end of 2023, with inflation and interest rates continuing to be the focus.  Geopolitical tensions, and concerns around the US debt ceiling negotiations impacted the markets, however global equities produced positive returns, as […]

Investment Update     Latest News     

In the December market update, Frontier Senior Consultant, Dr Shahana Mukherjee discusses the latest inflation rates and how this could impact the outlook for monetary policy. Inflation is moderating across most developed markets, including Australia, but the speed of the adjustment has varied. The annual inflation rate in Australia is higher, but this is also […]

Latest News     Newsletters     

We’re committed to putting our members first – which includes telling you when things change. This is why we’re telling you about: The changing cost of our investment options (this doesn’t come directly out of your account) and; Changes to how we allocate funds across our investment options. The costs for our investment options have […]

Latest News     Newsletters     

At First Super, we offer many ways to invest your super. But you may be wondering which super investment option is best for you and whether you should choose one, or a mix. Each of First Super’s pre-mixed investment options come with different risk levels and returns. ‘One size fits all’ does not apply when […]

Investment Update     Latest News     Newsletters     

Here’s a look at what’s been happening in investment markets recently and what it means for your superannuation. Interest rates to remain higher for longer In the last quarter of the 2022-2023 financial year, data suggested inflation was slowing, though it remained high and needed to come down further. With inflation moderating, financial markets believed […]

Investment Update     Latest News     Video     Newsletters     

From The CEO, Bill Watson For First Super and its 50,000 members, the 2022/23 financial year was a year of positive investment returns and Fund growth. We outperformed many larger funds with our investment returns. The MySuper/Balanced accumulation option, where most of our members’ super is invested, returned 9.44% for 2022/23.1 Pleasingly, our Balanced Accumulation […]