AustralianSuper was formed by the merger of ARF & STA in 2006, which were founded in 1981. It is an Industry super fund, although it does not cater to a specific industry.
AustralianSuper has maintained a long-term strategy to increase in scale, believing it will bring the benefits of economies of scale to their members. AustralianSuper is now the largest superannuation fund in Australia. As of September 30th 2024 they had approximately 3.4 million members and $355 billion in assets under management.
Please Note: Any advice on this page is general in nature and does not take into account your objectives, financial situation or needs. Consider whether this is right for you. See full disclaimer.
Past performance is not a reliable indicator of future performance.
AustralianSuper’s MySuper Balanced, High Growth and Conservative Balanced investment options have all out performed the median over 5 years but under performed over 1 year.
Select an investment option from the menu below to see performance Vs the relevant median.
To See how AustralianSuper compares against other funds see compare super funds.
AustralianSuper’s fees for their High Growth, MySuper Balanced and Conservative Balanced investment options are all below the median for their respective risk profiles.
Select an investment option from the menu below to see flat fees, percentage based fees and total fees on a balance of $50,000.
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - Stable | 6.32% | 5.77% | 3.89% |
| Median | 6.2% | 6.5% | 4.3% |
| AustralianSuper - Stable VS Median | 0.12% | -0.73% | -0.41% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - Stable | 52 | 0.54% | $322 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 10% | |
| 2 | International Shares | 14.5% | |
| 3 | Fixed Interest | 38.25% | |
| 4 | Alternative | 8.76% | |
| 5 | Property | 5.26% | |
| 6 | Other | 6.26% | |
| 7 | Cash | 17% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - Indexed Diversified | 9.48% | 11.85% | 8.34% |
| Median | 9.3% | 10.3% | 7.7% |
| AustralianSuper - Indexed Diversified VS Median | 0.18% | 1.55% | 0.64% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - Indexed Diversified | 52 | 0.17% | $137 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 31.5% | |
| 2 | International Shares | 38.5% | |
| 3 | Fixed Interest | 25% | |
| 4 | Cash | 5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - Conservative Balanced | 7.71% | 7.68% | 5.58% |
| Median | 7.8% | 8.3% | 6.1% |
| AustralianSuper - Conservative Balanced VS Median | -0.09% | -0.62% | -0.52% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - Conservative Balanced | 52 | 0.63% | $367 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 17.87% | |
| 2 | International Shares | 23.88% | |
| 3 | Fixed Interest | 25.75% | |
| 4 | Alternative | 10.51% | |
| 5 | Property | 6% | |
| 6 | Other | 7.26% | |
| 7 | Cash | 8.75% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - Cash | 3.92% | 3.89% | 2.59% |
| Median | - | - | - |
| AustralianSuper - Cash VS Median | 3.92% | 3.89% | 2.59% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - Cash | 52 | 0.15% | $127 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Cash | 100% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - High Growth | 10.03% | 11.17% | 8.73% |
| Median | 10.4% | 12.1% | 9.1% |
| AustralianSuper - High Growth VS Median | -0.37% | -0.93% | -0.37% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - High Growth | 52 | 0.63% | $367 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 31.65% | |
| 2 | International Shares | 39.35% | |
| 3 | Fixed Interest | 3.75% | |
| 4 | Alternative | 14% | |
| 5 | Property | 5.64% | |
| 6 | Other | 2.62% | |
| 7 | Cash | 3% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - Diversified Fixed Interest | 4.06% | 3.03% | 0.77% |
| Median | - | - | - |
| AustralianSuper - Diversified Fixed Interest VS Median | 4.06% | 3.03% | 0.77% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - Diversified Fixed Interest | 52 | 0.43% | $267 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Fixed Interest | 98.5% | |
| 2 | Cash | 1.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - International Shares | 11.8% | 17.99% | 10.99% |
| Median | 10.4% | 12.1% | 9.1% |
| AustralianSuper - International Shares VS Median | 1.4% | 5.89% | 1.89% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - International Shares | 52 | 0.46% | $282 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | International Shares | 99.5% | |
| 2 | Cash | 0.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - MySuper Balanced | 8.69% | 9.38% | 7.47% |
| Median | 9.3% | 10.3% | 7.7% |
| AustralianSuper - MySuper Balanced VS Median | -0.61% | -0.92% | -0.23% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - MySuper Balanced | 52 | 0.67% | $387 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 24.6% | |
| 2 | International Shares | 30.65% | |
| 3 | Fixed Interest | 14.75% | |
| 4 | Alternative | 14.25% | |
| 5 | Property | 6.5% | |
| 6 | Other | 4.76% | |
| 7 | Cash | 4.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - Balanced | 8.69% | 9.38% | 7.47% |
| Median | 9.3% | 10.3% | 7.7% |
| AustralianSuper - Balanced VS Median | -0.61% | -0.92% | -0.23% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - Balanced | 52 | 0.67% | $387 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 24.6% | |
| 2 | International Shares | 30.65% | |
| 3 | Fixed Interest | 14.75% | |
| 4 | Alternative | 14.25% | |
| 5 | Property | 6.5% | |
| 6 | Other | 4.76% | |
| 7 | Cash | 4.5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - Socially Aware | 8.71% | 9.43% | 7.1% |
| Median | 9.3% | 10.3% | 7.7% |
| AustralianSuper - Socially Aware VS Median | -0.59% | -0.87% | -0.6% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - Socially Aware | 52 | 0.7% | $402 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 31.5% | |
| 2 | International Shares | 38.5% | |
| 3 | Fixed Interest | 25% | |
| 4 | Cash | 5% |
| Investment Option | 1 Year | 3 Year | 5 Year |
|---|---|---|---|
| AustralianSuper - Australian Shares | 11.17% | 11.91% | 11.5% |
| Median | 10.4% | 12.1% | 9.1% |
| AustralianSuper - Australian Shares VS Median | 0.77% | -0.19% | 2.4% |
| Investment Option | Flat Fee | Percentage Based Fee | Fee Based on 50k |
|---|---|---|---|
| AustralianSuper - Australian Shares | 52 | 0.26% | $182 |
| Rank | Asset | % | |
|---|---|---|---|
| 1 | Australian Shares | 99.5% | |
| 2 | Cash | 0.5% |
AustralianSuper automatically provides most of its members with basic Death, Total & Permanent Disablement (TPD) and Income Protection cover. This cover starts at age 25 for balances above $6,000.
Basic cover is age-based and designed to provide a minimum amount of cover through different life stages. The cost depends on your age and work rating.
Death – The default cover is aged based. You’re able to apply for a different amount to the default cover. There is no limit on the amount of cover you can have.
TPD – The default cover is aged based. You’re able to apply for a different amount to the default cover. The maximum amount of cover you can have is $3 million.
Income protection – The default waiting period is 60 days and the benefit period is 2 years. The cover amount and cost varies depending on your age.
You can change the waiting period, benefit period and cover amount. The maximum amount of cover is the lesser of $30,000 per month or 85% of your salary.
Insurance is provided by TAL Life Limited.
AustralianSuper has received a 68/100 insurance rating by Omnilife. Please note: This is the overall rating before individual circumstances are taken into account. Individual circumstances will vary the rating significantly.
See the AustralianSuper ABN and USI page for all the information required to contribute to this fund.
Read their PDS and TMD for further details.
AustralianSuper’s High Growth, Balanced and Conservative Balanced investment options have out performed the median over 5 years.
Fees for these options are below the median options of their risk profiles.
Based on this evidence, you could say for certain people that AustralianSuper is a good super fund.
However, there are many factors which determine whether a super fund is good or bad and it can differ depending on personal requirements. It’s best to seek advice from a qualified adviser in order to work out which is the best super fund for you.
Yes, it is an APRA fund.
Yes, it’s an industry super fund with no particular industry tie.
AustralianSuper Reviews: 1.6 out of 5 stars from 85 customer reviews on Australia’s best superannuation review site Review My Super.
See more Super Fund Reviews to compare ratings and reviews across funds.
