Time to think ahead
Investment update: 1 January to 30 April 2019
June 3rd, 2019
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 […]
Six tips for getting started with saving
June 3rd, 2019
Saving is simple. You just need to know what to do – and what not to do. ME Bank aims to inspire you to fatten up your piggy bank by debunking these six misconceptions about saving in this new video. First Super does not recommend, endorse or accept responsibility for any products or services provided […]
How to get a leg on the property ladder
June 3rd, 2019
High property prices are making it tough to pull together a first home deposit. But with interest rates still historically low, chances are you could handle the home loan repayments. If getting on the property ladder is on the agenda, it’s time to think outside the box and explore new ways of buying your first […]
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 […]
Mid-year statements 2018/19 – look out for yours
March 1st, 2019
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 […]
Quiz: how financially literate are you?
February 28th, 2019
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, […]
Ask the experts: 2018 was a rough ride on the markets. Should I worry about my super?
February 28th, 2019
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 […]
Banking royal commission verdict: bad behaviour rife
February 28th, 2019
Australia’s big banks and financial institutions have broken the law and put profits before people, according to the final report of the banking system that warns “saying sorry and promising not to do it again” will not prevent history from being repeated. The damning final report of the royal commission into the banking sector has […]