News & Media
Media Statements & Releases
Compulsory super transforms lives
July 4th, 2022
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 […]
Michelle Boucher joins First Super as Deputy CEO
April 8th, 2021
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 […]
First Super welcomes new Board appointments
February 26th, 2021
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 […]
Working families to lose if MPs win on plan to cut super
September 13th, 2019
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 […]
First Super members benefit from strong long-term results
August 27th, 2019
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. […]
Robyn Burns welcomed as new director at First Super, as board veteran Allan Stewart stands down
May 30th, 2019
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 […]
First Super wins Money Magazine award
November 29th, 2018
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
Watch out for pushy sales tactics about moving your super
July 4th, 2025
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, […]
Changes to your super in 25/26: how you could be better off
May 21st, 2025
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 […]
Boost your super before 30 June
May 21st, 2025
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 […]
Supporting our members through times of crisis
March 11th, 2025
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 […]
Mid-year investment update 2024/25
February 24th, 2025
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 – September quarter 2024
November 11th, 2024
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 […]
Frontier Advisors market update – August 2024
September 16th, 2024
In the August market update, Dr Vivian Xu, Quantitative Research Consultant from the Frontier Capital Markets team talks about the market selloff at the start of August and the recovery. She discusses how Japan experienced the most extreme swing, and the volatility in global markets. But after the initial volatility, she says, it corrected quite […]