First Super is working with CSBA to conduct some member research during July. You may receive an email or SMS from CSBA on our behalf, to invite you to participate in an online survey. Find out more
September 6th, 2024
We have been informed that APRA has initiated court proceedings against Mr Michael O’Connor. As this matter is before the Federal Court, it would not be proper for us to offer any further comment on these proceedings or the subject matter of these proceedings.
September 5th, 2022
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 […]
July 18th, 2022
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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 […]
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 […]
September 20th, 2024
Everyone’s financial journey is different – and no matter what your age or stage of life, there are steps you can take to secure your financial future, starting with your insurance. Check your insurance cover When you first joined First Super, if you met the General Eligibility1 conditions and/or opted into our insurance, you would […]
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 […]
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