Latest News
Mid-year investment update 2023/24
February 21st, 2024
FROM THE CEO You’re with the Best of the Best The first half of the 2023/24 financial year has seen First Super go from strength to strength. Our Growth option’s sustained performance has been recognised by Money Magazine as the Best of the Best Balanced Super Product, beating bigger funds, and demonstrating that First Super […]
Investment update – December quarter 2023
February 16th, 2024
Here’s a look at what’s been happening in investment markets recently and what it means for your superannuation. Inflation and geo-political tensions remain a core factor How quickly expectations of the financial markets can change. And then, there is always that unexpected new event which unsettles the financial markets. As inflation further slowed and economic […]
Frontier market update – January 2024
February 13th, 2024
Shahana Mukherjee, from the Capital Markets team wraps up 2023, and looks ahead to 2024. The markets finished quite strongly at the end of 2023, with inflation and interest rates continuing to be the focus. Geopolitical tensions, and concerns around the US debt ceiling negotiations impacted the markets, however global equities produced positive returns, as […]
Frontier market update – December 2023
December 22nd, 2023
In the December market update, Frontier Senior Consultant, Dr Shahana Mukherjee discusses the latest inflation rates and how this could impact the outlook for monetary policy. Inflation is moderating across most developed markets, including Australia, but the speed of the adjustment has varied. The annual inflation rate in Australia is higher, but this is also […]
Important updates at First Super
December 1st, 2023
We’re committed to putting our members first – which includes telling you when things change. This is why we’re telling you about: The changing cost of our investment options (this doesn’t come directly out of your account) and; Changes to how we allocate funds across our investment options. The costs for our investment options have […]
How our Financial Planners can help you choose an investment option
November 29th, 2023
At First Super, we offer many ways to invest your super. But you may be wondering which super investment option is best for you and whether you should choose one, or a mix. Each of First Super’s pre-mixed investment options come with different risk levels and returns. ‘One size fits all’ does not apply when […]
Investment update – September quarter 2023
November 29th, 2023
Here’s a look at what’s been happening in investment markets recently and what it means for your superannuation. Interest rates to remain higher for longer In the last quarter of the 2022-2023 financial year, data suggested inflation was slowing, though it remained high and needed to come down further. With inflation moderating, financial markets believed […]
A year of positive returns and Fund growth
October 27th, 2023
From The CEO, Bill Watson For First Super and its 50,000 members, the 2022/23 financial year was a year of positive investment returns and Fund growth. We outperformed many larger funds with our investment returns. The MySuper/Balanced accumulation option, where most of our members’ super is invested, returned 9.44% for 2022/23.1 Pleasingly, our Balanced Accumulation […]