For most people*, super begins when they start work and their employer starts paying super for them.
This money is
placed into a super fund like AustralianSuper, and is invested on your behalf and is yours to use when you retire.
* Eligiblity criteria apply to receive employer paid super.
How your account works
Your super account balance is a combination of:
You can veiw an estimate of your account balance online, or when you receive your account statement.
Contributions made by your employer
Australian law requires your employer to contribute a minimum level of money into your super account.
The minimum level is 9% of your salary (Ordinary time earnings).
Higher percentages may be specified by your Employment Agreement or Award.
Contributions made by you
On top of your employer contributions, you can make extra contributions into your super.
The contributions can be paid from:
One of the main differences between the before- and after-tax contributions is the way they are taxed.
Learn more about the benefits of making extra contributions.
Fees and costs
AustralianSuper’s size helps keep fees low.
We charge an administration fee of $1.50 per week and competitive investment management fees mean more super savings for you.
View our low fees and costs.
Investment performance
When you join AustralianSuper, your money is invested by us on your behalf in the Balanced option. However, you can choose to invest your super in any of AustralianSuper's 16 Investment Options.
Every day, AustralianSuper calculates your investment returns which maybe be positive, or at times, negative. All returns are then allocated to your account.
