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News & Media

Media Statements & Releases

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 […]

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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     Media Releases     

First Super has delivered another year of robust investment performance for its members, reporting annual returns of 10.68% in the Balanced (default) option, 11.90% in Growth, and 13.91% in Shares Plus*. First Super’s cash option also performed strongly, returning 2.31% over 2017/18. The Growth option return saw First Super outperform most other superannuation funds in […]

Latest News     Media Statements     

“You may have heard or read that the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry begins its superannuation-focused hearings in Melbourne on 6 August. First Super has not been called to give evidence at the hearings. “Ahead of the hearings, the Royal Commission asked First Super (along with other financial […]

Latest News

Latest News     Newsletters     

After a volatile first half of the 2018/19 financial year, investment returns between 1 January and 30 April 2019 have boosted your Fund’s performance. Volatility in Australian and international share markets between October and December 2018 meant that First Super’s investments – like those of other super funds – posted negative returns. Since then, the […]

Latest News     Newsletters     

More than 2,000 members have updated contact details over the past 3 months to be entered into First Super’s Member Competition. Launched on 1 March 2019, the competition asks members to update their details (email addresses and mobile phone numbers) for the chance to win a $500 Visa Gift Card each month between March and […]

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First Super is moving

After several years at our North Melbourne office, First Super is moving to new premises on Friday 7 June. As the relocation will involve all employees across the Trustee office, the administrator and our contact centre, we have had to prepare for some disruption to service. Please note that from 12.00 noon on Friday 7 […]

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Make an after-tax contribution into your super account before the end of financial year and, if you’re eligible, you’ll benefit from a super boost through the Government Co-contribution Scheme. If you earn less than $52,697 (the upper limit for the 2018/19 financial year), you can receive up to 50c for every dollar contributed into their […]

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First Super has been sending communications to particular groups of members to raise awareness of the incoming Protecting Your Super Package (PYS) laws and what they mean for them. The PYS Package was introduced by the Federal Government in February 2019, and is effective from 1 July. It means that super funds must follow new […]

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First Super will soon be sending out your mid-year statement – an update on your super savings and investment performance as at the halfway point of this financial year. In the coming days, you will receive your statement in the mail, as well as your e-statement if you have selected that option. The statements include […]

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The final report from the banking royal commission has shifted focus to the financial literacy of everyday Australians, and how banks may have historically taken advantage of a general lack of knowledge. It’s estimated that less than half of the country’s population has a basic knowledge of finance, and how it all works. In 2016, […]

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Corporate espionage, political power plays, and the ever-present threat of climate change made 2018 a whirlwind year for stock markets, buffeting super funds and stifling their returns. The average balanced super fund option finished 2018 with a flat return, and several had month-on-month dips into negative territory. That left many fund members understandably concerned about […]