Latest News Archives

Exploring different types of investments in simple terms

September 12th, 2024

At First Super, we offer various investment options that are made up of different types of assets. An asset is like a tool you own that is expected to benefit you in the future, such as by increasing in value. Let’s take a look at the main types of assets: Shares (equities): Shares represent ownership […]

Statement on APRA court proceedings against Co-Chair, Michael O’Connor

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.

Investment Update Latest News

Investment update – June quarter 2024

August 2nd, 2024

Here’s a look at what’s been happening in investment markets recently and what it means for your superannuation. Interest rates: will they, or won’t they? Expectations on when central banks will reduce interest rates have changed. Inflation remains stubborn and above the Central Bank range. This saw the US Federal Reserve and the Reserve Bank […]

Statement on media reports – CFMEU Construction division Victoria

July 17th, 2024

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

Frontier market update – May 2024

June 17th, 2024

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 […]

Online market research survey

June 14th, 2024

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 […]

Be wary of cold calls about switching your super

May 24th, 2024

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 […]

Investment myths: investing in cash is risk-free

April 18th, 2024

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 […]