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News & Media

Media Statements & Releases

Media Releases     
First Super CEO Bill Watson

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     Media Releases     Media Statements     

Australian families will stand to lose nearly $250,000 in retirement savings if the push to cut the super increase by a group of backbench MPs is successful, new analysis reveals. Some Federal backbenchers want the Government to cut the promised increased in super contributions, breaking a key election promise and denying local families the retirement […]

Latest News     Media Statements     
First Super CEO Bill Watson

First Super has again delivered strong long-term results for members, with an annual return for the 2018/19 financial year of 6.70% for its default option, and five and ten-year returns of 8.68% and 8.84% respectively. First Super is the industry super fund for workers in the timber, pulp and paper, and furniture and joinery industries. […]

Media Releases     

First Super has appointed regional businesswoman Robyn Burns to its board, effective from 1 July 2019. Ms Burns has had a long and successful career as a senior executive at Borg Manufacturing. An accountant by trade, she has overseen the expansion of Borg as it has developed into one of the principal employers on the […]

Latest News     Media Releases     Media Statements     

First Super is celebrating after being named a Gold Winner in Money Magazine’s Best of the Best 2019 awards. The national industry super fund for the furniture and joinery, pulp and paper, and timber sectors won the Best Capital Stable Super Fund category for its Conservative Balanced option. In addition, the Fund scored second place in […]

Latest News

Latest News     

ASIC’s Moneysmart, the financial watchdog, has warned consumers to be aware that the images of well-known personalities including Andrew ‘Twiggy’ Forrest, Gina Rinhart and Anthony Pratt, have been used on fake websites to trick Australians into investing their money into them. There have been 330 investment scam websites with celebrity images shut down by ASIC […]

Latest News     
Man working on digital tablet

First Super conducts reviews of the Fund’s marketing activities to ensure we’re always acting in members’ best financial interests. As part of this, we’re conducting an online brand research survey through an external provider, BlissPoint Research (ABN 85 591 187 589). The survey will run from Friday 1 August to Friday 22 August 2025 and […]

Latest News     

The financial watchdog ASIC has issued a warning to look out for sales calls or click bait advertising to pressure people to switch their super into another fund, or risky investments. 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, […]

Latest News     Newsletters     
Green forest trees

The start of the financial year 2025/26 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. Most people will see a boost to their retirement savings From 1 July, the rate of compulsory super (known as the Superannuation […]

Latest News     Newsletters     
First Super local coordinator Lou seeing a smiling First Super member at work place

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     

If you’ve been affected by Cyclone Alfred in Queensland and New South Wales, you may be wondering if you can withdraw some of your super early to pay for expenses during this crisis. The early release of your super is only possible in very specific circumstances. More information about this is below, but there are […]

Investment Update     Latest News     Video     Newsletters     
Soo Chong interviewing Bill Watson for mid-year investment update 2024-25

Large enough to perform, small enough to care. First Super had a great first half of the 2024/25 financial year. Our fund passed the $5 billion mark and again delivered strong investment results for our members. It’s easy to see why our members are satisfied. On average, members who call us wait less than 58 […]

Investment Update     Latest News     

Here’s a summary of what’s been happening in the investment world and how it affects your superannuation (your retirement savings). Inflation is being reigned in Central banks in different countries have been working to control inflation (the rise in prices). Their efforts are starting to work in some countries, keeping inflation within a safe range […]