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Browsing Tag

Super Members Council

11 posts
PPersonal finance
Super Members Council modelling finds under-18s losing millions due to 'outdated' law
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Super Members Council modelling finds under-18s losing millions due to ‘outdated’ law

  • August 31, 2026
Thousands of teenage Victorian workers are missing out around $115 million in superannuation due to a law which…
PPersonal finance
ATO reveals average superannuation balance by age – and $86,300 retirement gap
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ATO reveals average superannuation balance by age – and $86,300 retirement gap

  • June 19, 2026
The average super balance in Australia has increased from $173,000 to $183,000, new ATO data has revealed. ·…
PPersonal finance
Calls for superannuation ban after Aussies lose millions in dodgy funds: 'Raise the bar'
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Calls for superannuation ban after Aussies lose millions in dodgy funds: ‘Raise the bar’

  • May 12, 2026
Bans on superannuation-switching ads on social media should be part of ongoing reforms, the industry says. (Source: Getty)…
PPersonal finance
Superannuation warning over cash decision that could cost workers $50,000: 'Makes them feel good'
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Superannuation warning over cash decision that could cost workers $50,000: ‘Makes them feel good’

  • March 17, 2026
Aussies are being warned against switching their super to a more conservative investment option in response to volatile…
PPersonal finance
Superannuation rule costing Aussies $11,000 at retirement: ‘Missing out’
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Superannuation rule costing Aussies $11,000 at retirement: ‘Missing out’

  • January 20, 2026
More than half a million young workers are currently excluded from being paid superannuation, research has revealed. (Source:…
PPersonal finance
Battle over plan to tap $4.3 trillion of worker savings to fund compensation scheme after super funds collapse
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Battle over plan to tap $4.3 trillion of worker savings to fund compensation scheme after super funds collapse

  • November 24, 2025
Assistant Treasurer Daniel Mulino revealed the government was considering getting the super sector to contribute to the Compensation…
PPersonal finance
Superannuation mistake seeing 700,000 Aussies lose money in retirement sparks call for 'incredibly urgent' change
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Superannuation mistake seeing 700,000 Aussies lose money in retirement sparks call for ‘incredibly urgent’ change

  • November 4, 2025
Super Members Council CEO Misha Schubert (left) wants the superannuation system updated to ensure retirees aren’t paying more…
PPersonal finance
Major superannuation pay change to give Aussies 'urgent' $30,000 retirement boost
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Major superannuation pay change to give Aussies ‘urgent’ $30,000 retirement boost

  • October 9, 2025
Treasurer Jim Chalmers introduced payday super legislation to parliament today, with the laws set to come into effect…
PPersonal finance
New data exposes alarming retirement crisis facing Australian women
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New data exposes alarming retirement crisis facing Australian women

  • September 30, 2025
Millions of Australians are set to retire below the poverty line unless “bold action” is taken. A new…
EEconomy
Looming crisis for older Australian women who will retire into poverty if no urgent action taken, new report finds
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Looming crisis for older Australian women who will retire into poverty if no urgent action taken, new report finds

  • September 29, 2025
Australia is facing a looming crisis of older women entering retirement in poverty, unless urgent action is taken,…
PPersonal finance
'Lifting retirement incomes for millions of everyday Aussies'
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‘Lifting retirement incomes for millions of everyday Aussies’

  • August 12, 2025
The Super Members Council said compulsory superannuation has been a massive win for retirees, especially low and middle-income…
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