Our Member Services contact centre will be closed from 12pm Wednesday 18 December and re-open 8am Thursday 19 December. During this time, you can leave a message with your contact details and we will call you back.
June 2nd, 2021
Housing affordability is an ongoing concern for many Australians, and a hotly debated topic both socially and politically. First-home buyers are faced with the very real challenge of saving a home deposit in a low interest rate and low real-wage growth environment. The prospect of saving a 20% deposit (the minimum amount required to avoid […]
May 12th, 2021
The 2021-22 Federal Budget has been handed down, with several changes to super and retirement being announced. Most were adjustments to existing rules, rather than sweeping changes. We’ve summarised the key points for members below. FIRST HOME BUYERS CAN SAVE EVEN MORE OF THEIR DEPOSIT IN SUPER UNDER THE FIRST HOME SUPER SAVER SCHEME. The current situation: Eligible first home […]
From 1 July the amount you can contribute to your super will increase by 10%. That’s because the Government is lifting the contribution cap limits on concessional (before-tax) and non-concessional (after-tax) contributions. Here are the new caps, effective 1 July this year. Financial year (FY) 2020/21 (current FY) 2021/22 (next FY) Concessional (before-tax) contribution cap $25,000 $27,500 Non-concessional […]
April 12th, 2021
We’re pleased to announce First Super has received the Rainmaker AAA Quality Rating for its super and pension products for 2021. The rating is a seal of approval from one of Australia’s leading financial services research and information companies. First Super’s AAA Quality Rating was achieved for the following products: Employer Sponsored (members who join through their workplace) Allocated Pensions (members who open a retirement account with us) Personal (members who are self-employed and contribute […]
February 5th, 2021
Keep us informed when your details change – and we’ll keep you informed about your super. Up-to-date details put you in control It’s important for us to be able to reach you about your super in a range of ways. This keeps you in control of your super account so you can stay on track and make choices when you need to. We’ll contact you throughout the […]
Around three million Australians like you withdrew super last year to the tune of more than $36 billion. Worried about how this might impact your savings at retirement? Want to understand ways to grow your super balance again? Let’s get things back on track. Step 1. Know what you’re working with. It’s better to know than to wonder. Check your current super balance and any insurance benefits by logging […]
After a turbulent 2019/20 financial year, it was heartening to see investment returns firmly in the positive for the first half of 2020/21. Global share market performance was varied early in the 2020/21 financial year. As economies and businesses slowly started to recover from the impact of COVID-19, the US and China produced large positive […]
February 4th, 2021
You might want 2021 to be the year in which you eat healthier, learn a new skill or land the job of your dreams. But it’s also an opportunity to ditch your bad money habits. One in five households relying on wages or a salary couldn’t raise $2000 within a week for an emergency, according […]
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