Australian Super review

fees and investment returns

AustralianSuper, established in 2006 through the merger of ARF and STA, is Australia's largest superannuation fund. With over 3.5 million members and almost $370 billion in assets, AustralianSuper consistently ranks as one of the top super funds in the country for both fees and investment returns.

We review AustralianSuper's performance, fees, investment options, and how it compares to Stockspot. Stockspot's Super product offers a transparent, low-cost alternative for investors who prefer ETFs and automated portfolio management to grow their retirement savings.

Who is AustralianSuper?

AustralianSuper is an industry super fund that operates through a mutual structure, meaning profits are returned to members rather than shareholders.

With almost $370 billion in retirement savings under management and more than 3.5 million members, AustralianSuper is the largest super fund in Australia and ranks amongst the top 20 largest pension funds globally.

All figures are accurate as at 30 June 2025, unless otherwise stated.

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Compare Australian Super Fund

Australian super vs Stockspot Super

Learn more about Stockspot Super

Discover the power of low-cost index investing with Stockspot Super

An ETF-only super product with personalised advice that's tailored to your age. Stockspot Super is offered as the Stockspot MDA on Super Simplifier.

If you're looking for an alternative to traditional pooled super funds, Stockspot plans to offer Australia's first ETF-only super product. With its focus on low-cost indexing, it aims to provide a more transparent, tax-efficient, and tailored investment approach that aligns with your age.

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Frequently asked questions

Who owns AustralianSuper?

AustralianSuper is an industry super fund owned by its members, not shareholders. As a member-owned fund, profits are returned to members to help grow their retirement savings. The trustee responsible for overseeing AustralianSuper's operations is AustralianSuper Pty Ltd, ensuring the fund operates efficiently and in the best interests of its 3.5 million members. AustralianSuper's headquarters are located in Melbourne, Australia.

Is AustralianSuper a good super fund?

Yes, AustralianSuper is widely regarded as one of Australia's top superannuation funds. With competitive fees, strong long-term performance, and a diverse range of investment options, it's a popular choice for many Australians. AustralianSuper's ability to deliver consistent returns, along with its low-cost structure, makes it a reliable option for those looking to grow their retirement savings.

What does AustralianSuper invest in?

AustralianSuper provides members with a wide variety of investment options, including Australian and international shares, infrastructure, property, and private equity. Whether you're seeking high growth, balanced, or conservative options, AustralianSuper's portfolio is designed to meet diverse financial goals. Depending on the chosen investment option, AustralianSuper invests in:

Australian and international shares
Infrastructure
Property
Private equity
Fixed income
Cash
Alternative strategies

These investment options help AustralianSuper provide a well-diversified portfolio tailored to the needs of its members, supporting long-term growth and retirement savings.