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Industry super funds are helping build Australia while increasing your retirement balance

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  Published: 06 Nov 2020

Industry superannuation funds are helping create more than 200,000 estimated new jobs by investing billions of dollars to build a future for Australia.

As the nation’s economy reels from the impacts of COVID-19, there have been calls for the federal government to focus on nation building to stimulate growth.

It’s estimated Australia will suffer a shortfall of $226 billion in public infrastructure by 2040 unless significant money is spent.

Industry superannuation funds and their asset managers have stepped up to the plate to help plug the gaping infrastructure hole.

The sector has earmarked a staggering $19.5 billion to invest in Australian public infrastructure projects over the next three years, equating to about 9 per cent of the nation’s funding gap.

The projects would create more than 200,000 jobs during the construction phase, supporting the livelihoods of thousands of families.

Such investments stimulate the economy and create jobs while maximising the retirement savings of more than five million industry super members.

But the economic benefits also save taxpayers almost $3 billion a year in higher tax receipts and lower interest repayments alone.

Construction has been one of the hardest-hit sectors during the coronavirus pandemic as restrictions stalled new housing, development and projects.

This much-needed spending comes on top of the industry superannuation sector’s investments over the past financial year (2018-19) which already generated at least 111,257 jobs

In the uncertainty of COVID, the sector’s commitment to growth is just another way industry superannuation funds are investing in Australia and looking after Australians.

Such forward-thinking planning shows why industry super members continue to benefit from good returns and increasing retirement balances.

Industry SuperFunds are investing in projects that strengthen our economy and your retirement savings. Find out more.

Pretty soon, the amount of super paid on top of our wages will go up, all the way to 12 per cent by 2025. Guaranteed.

This means Industry SuperFunds can continue to invest in projects that strengthen our economy and your retirement savings.

What difference will that make for you in retirement?

The amount of super paid on topof wages is going up to 12%

Find out what difference thatwill make to your retirement

Please enter an age between 15 and 66.
Please enter an income between 1 and 999,999.
Please enter a balance between 1 and 10,000,000.

The amount of super paid on topof wages is going up to 12%

Find out what difference thatwill make to your retirement

For you, that could mean an extra


in retirement.

$0 Balance at retirementwith 11% payment
$0 Balance at retirementwith 12% payment



Investment returns

The assumptions used to estimate the potential impact of changes to the Superannuation Guarantee are, in our opinion, reasonable for the purposes of working out the estimates. The assumptions are based on objective evidence on long-term net returns, fees, relevant economic forecasts and analysis on wages, prices and productivity.

Fixed assumptions

  • This model works for accumulation funds only. It will not work for defined benefit funds.
  • This model does not allow self-employed people to project their retirement balance
  • Outcomes are based on contributions being made annually, at the mid-year point, on your fees being deducted annually and your investment returns being credited to your account annually
  • We assume that your super is invested in a balanced option
  • Superannuation Guarantee Contribution is currently 11% of ordinary time earnings and is presently legislated to incrementally increase to 12% by 2025
  • The LISTO applies from 1 July 2017
  • No tax is payable on fees
  • We assume that you have provided your Tax File Number to your superannuation fund
  • All amounts are shown in today's dollars (present value), which means they are adjusted for an assumed annual inflation rate of 4% between now and your retirement. You can adjust the inflation rate above to see the impact this will have on the projected amount.
  • The assumed salary increase of 4% per annum has been adopted as an average figure based on a 37-year projection — that is, from the age of 30 to the retirement age of 67
  • We assume that when you exceed the concessional contributions cap ($27,500 in 2023/24), you pay contributions tax according to your adjusted taxable income on any additional superannuation contributions
  • Assumes retirement at the preservation age of 67



Your retirement outcome will be affected by many things including the amount of contributions you make, fees, investment returns and regulatory changes. Some factors that may affect your retirement outcomes may not have been taken into account.

Outcome is based on your contributions being made annually, at the mid-year point, on your fees being deducted annually and your investment returns being credited to your account annually.

This is a Model, not a Prediction

The tool is not intended to be relied upon for the purposes of making a financial decision. Consider a fund’s PDS and your objectives, financial situation and needs, which are not accounted for in this information before making an investment decision. You are responsible for your own investment decisions and should obtain specific, individual advice from a financial services licensee before making any financial decisions.

See for more details about modelling calculations and assumptions. Consider a fund’s Product Disclosure Statement (PDS) and your personal financial situation, needs or objectives, which are not accounted for in this information, before making an investment decision. This article was first published by The New Daily on 6 November 2020. The information referred to may change from the date of publication and care should be taken when relying on such information. Both The New Daily and Industry Super Australia are wholly owned subsidiaries of Industry Super Holdings.

*The above material, whilst correct at the time of publication may include references or statements which are no longer current.

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Additional details:

To learn more about one of the Industry SuperFunds below click on their logo.