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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

Latest News     

First Super is an industry super fund with roots in the paper, pulp, furniture and joinery and timber industries, and the CFMEU Manufacturing division is a shareholder which represents the best interests of workers in these industries. The Manufacturing division of the CFMEU is separate from the Construction division. The Manufacturing division has been successful in […]

Investment Update     Latest News     

In the Investment Market update for May, Frontier’s Senior Consultant Shahana Mukherjee talks about inflation edging higher in the US and Australia in March. Cash rates have as a result remained unchanged in both countries. The increase in inflation rates has caused the RBA to revise its inflation forecast for the end of the year […]

Latest News     

It’s important for us to occasionally review our marketing activities to ensure they are being used most effectively. As part of this, we’re conducting an online market research survey through research provider, BlissPoint Research (ABN 85 591 187 589). The survey will run from Saturday 15 June to Friday 28 June 2024. The survey will […]

Latest News     Newsletters     

The start of the financial year 2024/25 will see some important changes to super. Here we explain how these changes could affect you, as well as how to make the most of them. Check you are getting paid 11.5% super From 1 July, your employer legally must pay 11.5% of your ordinary time earnings to […]

Latest News     Newsletters     

The financial watchdog ASIC has issued a warning about financial services companies making unsolicited calls offering to review or switch a person’s super into another fund. In some cases, this has resulted in people being pushed into moving their super to higher-risk, lower performing super investments, and charging unnecessary fees, which can reduce your retirement […]

Latest News     Newsletters     

With the end of the financial year approaching, it’s worth checking how you can maximise your super. The good news is, it’s not too late in the tax year to make some changes to boost your retirement savings. Here are some things you can do before June 30. Check your employer is paying compulsory super […]

Latest News     Newsletters     

And some other common misconceptions about investing your super You may have heard many different beliefs about investing super from family, friends and colleagues, or in the news. Whether you are considering changing the way your super is invested, or simply want to learn more, it’s important to make sure you understand the facts, as […]

Investment Update     Latest News     

Principal Consultant KC Low discusses the key developments in financial markets at the start of 2024. The Reserve Bank of Australia (RBA) had its first meeting of the year, where the cash rate remained unchanged. Inflation is continuing to moderate but remains high. The RBA also noted that a further increase in rates cannot be […]