The Latest Breaking News from AustralianSuper

Australia's biggest super fund hit with massive fine

A federal court judge has fined AustralianSuper $27 million after it admitted to contravening the superannuation act over member's duplicate accounts.

AAP · Feb 21, 2025

State-backed loans to go to firms importing critical minerals into UK

Rachel Reeves to encourage import of raw materials from Commonwealth countries to counter China’s grip on market

The Guardian - UK · Oct 24, 2024

Australia’s largest super fund joins protest vote against Woodside’s climate plans

AustralianSuper says it has ‘ongoing concerns’ about how the country’s biggest oil and gas company will reach net zero emissions by 2050

The Guardian - AU · Apr 22, 2024

Are bigger super funds better? Actually no, despite what the industry is doing

Australia’s superannuation funds are getting bigger – and fewer. There were close to 400 funds in 2010. With mergers, it’s now closer to 120. By 2025, according to industry executives surveyed last year, there will be fewer than 50.

The Conversation · May 14, 2023

AustralianSuper's 'alarming' $70m double-up on customer accounts sparks calls for wider investigation

Australia's biggest superannuation fund reveals that it has been double charging some customers, and will refund around $70 million in fees and insurance costs to about 100,000 people.

ABC News · May 12, 2023

Financial clout in the superannuation sector is changing

The superannuation world is splitting in two with big industry super funds increasingly dominating in terms of asset base

The New Daily · May 10, 2023

Ask the Expert: What you can do with your super – and when you can do it

Whether you want to add to your super or use it to invest, it pays to know what restrictions are in place before you start.

The New Daily · Mar 19, 2023

British Land plans large life sciences hub at Canada Water scheme

British Land and AustralianSuper, its joint venture partner on the Canada Water masterplan, have appointed architect Stanton Williams to draw up latest proposals

Evening Standard · Mar 13, 2023

Australian super funds are among the largest in the world

Australia is punching well above its weight in the superannuation space with 15 Australian super funds listed in the top 300 globally

The New Daily · Dec 15, 2022

‘Socially aware’ superannuation funds among those investing billions in gambling industry

Analysis reveals Australia’s biggest superannuation funds are investing huge volume of workers’ retirement savings in casinos and poker machines

The Guardian - AU · Nov 14, 2022