At this year’s meeting, an update on your fund included:
- How your super’s performed over the last year
- How we’re investing your super for the long term
- Our strategy to face challenges and grow.
At this year’s Annual Members' Meeting we celebrated our 40 year anniversary milestone and provided an update on your fund including:
Hear from the leaders of Cbus Super fund about our achievements over the last year.
At this year’s meeting, an update on your fund included:
Hear from the leaders of your super fund about our achievements over the last year, including the celebration of our 40 year anniversary milestone.
Alongside your invitation to the meeting, we're required under superannuation regulations to provide the following information.
Summary of payments made by the fund
Expense category (2023/24 financial year) |
Amount |
---|---|
Aggregate remuneration expenditure | $10,352,531 |
Aggregate promotion, marketing and sponsorship expenditure | $28,397,433 |
Aggregate political donations | $0 |
Aggregate industrial body payments | $2,867,493 |
Aggregate related party payments |
$15,081,493 |
Keep in mind that adding these expenses together would total more than what was actually paid. That’s because under the super regulations some payments must be counted in more than one category.
Remuneration has been expanded to now include salaries for our CEO, all Group Executives, one-off restructuring costs for FY24 and fees for directors.
Promotion, marketing and sponsorship includes expenses where a purpose of each payment was to promote or market Cbus Super or relates to our sponsorship and partnership arrangements. This helps to grow our fund and increase scale, which means lower fees for members.
Cbus Super does not make political donations.
Payments to industrial bodies includes partnership arrangements which may include advertising, marketing and education services to help grow our Fund.
Payments to related parties includes payments made to related entities for business operations, or for services from an organisation in which we also invest, or when a director is an employee or a director of an organisation which provides services to us. Payments also include promotional and marketing services, directors’ fees and board committee fees.
Past Annual Members' Meetings
Log into your account to view or download your latest annual statement.
Find out more about a range of information below.
*FY24 Annual Financial Report includes our Directors’ Report and Remuneration Report (audited).
Past performance is not a reliable indicator of future performance.