Industry News

Concept One Super and WA Super Merger

Perth based superannuation funds, Concept One and WA Super have today announced their intention to merge. The agreement will involve Concept One members being merged into WA Super, building the scale and efficiency of Western Australia’s only, not for profit, public offer super fund.

CEO welcome to Employers

Welcome to the 2nd edition of Supernews for 2017. Here at WA Super, we are committed to helping your employees achieve their retirement dream. Shortly all members will be receiving their individual annual member statement illustrating where they are on that journey and what they can do to stay on track.

Financial wellbeing and how it affects productivity

“Financial stressors are not only negatively impacting employees, but are costing employers,” said Paul Owen, General Manager – Client Services at WA Super.

WA State Budget 2017

With the release of the WA State Budget recently, the Treasurer announced that all sections of the WA Community would be impacted. Here are some of the key take-outs

CEO welcome to members

Welcome to the first edition of Supernews for 2017. This year has been a big year on many fronts. Whether it be in local or international politics, the economy, investment markets and even the weather, there has been lot happening in WA, Australia and around the world. And with superannuation, we know there is never a dull moment.

Insurance changes – Your questions answered

We have had many member enquiries about the insurance changes that came into effect from 1 July 2017, so hopefully this overview of the changes will assist you in understanding what has happened and how it might impact you.

WA economy finding its ‘new normal’ - CCI Chief Economist Rick Newnham

While we may need to recalibrate our expectations, it’s not all doom and gloom, says CCI Chief Economist Rick Newnham.

Federal Budget 2017

Measures to tackle home affordability were a key focus of this year’s Federal Budget, along with a company tax cut, an increase in the Medicare levy, changes to school funding models and the introduction of a new bank levy.

WA Super wins Best capital stable super fund


What does Brexit mean for your super?

On Thursday 23 June, a referendum was held in the United Kingdom (UK) regarding leaving or staying in the European Union (EU). The British people have now voted and the outcome was a majority voting to leave the EU.

Federal Budget 2016

A number of key superannuation changes were announced in last night’s Federal Budget, making this a very significant Budget for superannuation.

Explanation of indirect cost ratios

WA Super's underlying costs are not actually increasing to the extent that the change in indirect cost ratios (ICRs) would indicate.

WA Super appoints Towers Watson as asset consultant

West Australian based super fund WA Super has appointed Towers Watson as asset consultant of its investment portfolio.

WA Super appoints J.P.Morgan as custodian

West Australian based super fund WA Super has appointed J.P. Morgan Investor Services as custodian of its $2.5 billion investment portfolio.

Free ATO SuperStream information session in Bunbury

The date for employers to be SuperStream ready is fast approaching. To help employers get ready for the changes to how superannuation is paid, the Australian Taxation Office (ATO) is hosting a free breakfast information session in Bunbury on Monday 20 April.

Women's day - Super Sorter Power Hour

This year in the lead up to International Women’s Day on 8 March 2015, the Association of Superannuation Funds of Australia (ASFA) is urging all women to take 60 minutes out of their day to sort their superannuation in the 'Super Sorter Power Hour'.

WA Super now accepting KiwiSaver transfers - Media release

WA Super is thrilled to announce they will accept eligible contributions transferred from KiwiSaver.

WA Super announces new look Board.

WA Super today announced its new look Trustee Board.

The appointments of Simon Withers, Therese Ryan, Sharon Hicks and David Moroney add significant depth to an already-experienced team.

Protecting you and your family - do you have the right insurance?

Retirement is about enjoying the rewards earned through hard work and sacrifice. You have spent years building assets to provide your family with a comfortable life and years planning to create a comfortable retirement for yourself.

Take 5! Federal Budget 2014

Each month we will explore a different topic in Take 5! This month we look at 5 of the most important changes announced in the 2014 Federal Budget.

Protecting your future - do you have the right insurance?


Protecting your lifestyle - do you have the right insurance?


Federal Budget 2014 Rumour Mill

While many across the country took advantage of the alignment of Easter and Anzac Day to take an extended break, speculation in relation to the Federal Budget to be handed down on 13 May continued unabated.

2013 Federal Budget

The 2013 Federal Budget announcements made on 14 May were largely non-surprising with virtually all major announcements from a wealth perspective, having been rumoured and confirmed in the days and weeks leading up to this night.

ATO advice to employers on new super obligations, 01 May 2013

The Tax Office has announced that it will issue advices to Australian business owners on new superannuation obligations to ensure they are adequately prepared.

The Government's proposed reforms to Australia's superannuation system

Recently the Government announced a number of future reforms to Australia’s superannuation system. These proposed reforms are focussed on the fairness, sustainability and efficiency of the superannuation system. However, most importantly, these changes are not yet law, and the Government has indicated it is unlikely they will be introduced into Parliament before the Federal election in September 2013. They will instead form part of the Government’s election policy platform.

New market leading 3 year fixed rate for WA Local Super Members

ME Bank has further reduced it’s 3-year fixed Super Members Home Loan (SMHL) Standard Home Loan rate to 4.99% p.a. (comparison rate 5.66% p.a.).

This is currently the lowest 3-year fixed home loan rate in the market and the lowest ME Bank has ever offered.

ME Bank launches lowest home loan rate ever.

ME Bank has today reduced its Super Members Home Loan Standard Home Loan^ three-year fixed rate to 5.39% p.a., which is the lowest rate currently on the market, and
the lowest ME Bank has ever offered since becoming a bank in 2001.

Federal Budget 2012

On 8 May 2012, the Federal Government handed down its Budget for 2012/13.

It would be fair to say that everyone will be impacted in some way by the measures contained in the Budget itself, or by other recent announcements from the Government that will apply from 1 July 2012.