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News & Media

Media Statements & Releases

Latest News

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Investment update: the year so far

February 26th, 2020

With share markets mainly buoyant in the first half of 2019/20, First Super’s investment options fared well, with our Balanced option – in which most members are invested – achieving 3.59% for the six–month period.  The 2019/20 financial year got off to a positive start in July with interest rate cuts in major economies, including Australia and, for the first time in […]

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Coming soon: your mid-year super update

February 26th, 2020

Now that our six-month investment returns have been confirmed, the 2019/20 mid-year statements have been produced and are scheduled to arrive in mailboxes by 1 March. This statement provides an overview of your super balance, contributions and investment returns as they stood at the halfway point of the financial year. In your statement pack, you’ll […]

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How to stretch a dollar over summer

December 17th, 2019

Industry super fund-owned bank ME shares a few ideas on how to enjoy summer while keeping your finances in great shape. The sun is shining, the days are longer and opportunities for get-togethers are everywhere. Check out ME’s affordable ways to relish the fun so you can head into autumn without a burnt-out budget. 1. […]

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ATO update: Super Downsizer errors

December 17th, 2019

The Super Downsizer Measure, which started on 1 July 2018, allows eligible over-65s to sell their homes and contribute up to $300,000 of the proceeds from the sale into their super account. Recent figures show that more than 5,000 people across Australia have made this type of contribution. However, the Australian Taxation Office (ATO) has […]

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Coming to a town near you – retirement seminars

December 17th, 2019

The First Super team is well underway with its 2019/20 program of Planning for Retirement seminars. Starting in November, First Super has so far hosted seminars in Dandenong and Traralgon in Victoria, and Mount Gambier in South Australia. The attendees learned about building their super while working, how much super is enough, claiming the Government […]

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Six silly season savings tips

December 17th, 2019

Australians spent around $50 billion[1] in the lead-up to Christmas last year, which means there is plenty of room to save. Here are six tips from ME on how to enjoy the fun and festivity without a New Year financial hangover. 1. Plan ahead Lists go hand in hand with Christmas, and they’re not always […]

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Federal Government announces more changes to insurance inside super

December 17th, 2019

We need to share another important update on new Federal Government laws that came into effect from 1 November 2019 and which may impact you if you have insurance inside super with us or any other fund. Super account balance below $6,000? Your cover is at risk of being cancelled on 1 April 2020. Like […]

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2018/19 Annual Report

December 17th, 2019

The Fund’s 2018/19 Annual Report is available online, with in-depth details on the Fund’s financials and governance. This year’s report includes: an ‘at a glance’ summary of the Fund’s deliverables during 2018/19 in-depth information and features on the Board, Executive and other individuals who take care of your Fund a breakdown of the Fund’s financials […]