Crediting rates

Crediting rates represent the investment earnings for each investment option.

Super crediting ratesPension crediting rates

Crediting rates represent the earnings (expressed as a percentage) after investment costs and taxes are deducted. 

This deduction does not include the $1.50 weekly administration fee you pay us to manage your account. This is withdrawn directly from your account balance.

Crediting rates go up and down during the year, reflecting movements in investment markets.

How your investment returns are calculated

We calculate a final crediting rate each week (based on the information available at the time) to allocate net investment earnings to members.
Valuations typically occur each Monday during the month and at the end of each month. However, these valuations may not occur on a Monday when:

  • the first Monday of the month falls in the first three business days of the month. The valuation then typically occurs the next Monday.
  • the last Monday of the month falls in the last three business days of the month. The valuation then typically occurs at the end of the month.
  • Monday is a public holiday. When this happens, investments are valued on the next business day.

The valuation process uses the closing prices in the investments that we have in Australian and overseas markets. Unlisted investments and real estate assets are valued less frequently. We use the most recent valuation available. These rates allocate net investment earnings to members based on daily account balances. Investment returns are effective on the 30th of June each year. Both the financial year to date and historical rates are available on our website.

How crediting rates are applied to an account (interim and final crediting rates at 30 June each year)

We declare a 30 June interim crediting rate for each financial year, based on the information available at the time the interim price declaration is made (usually declared in the second week of July each year). The final rate is normally declared by the end of the fourth week of July once all valuation information is available. 

If you are invested as at the last valuation of assets in June and you make a partial or full investment option change, or a partial or full withdrawal before the final price is declared, then the interim rate declared will apply to those transactions. 

If you are invested in an option as at 30 June then the final crediting rate will apply to the balance you hold at the end of the financial year.

Unallocated contributions

In certain circumstances (end of financial year, before the final rate is declared), we may be unable to immediately allocate a contribution made on behalf of a member’s account. In these situations, investment returns (positive or negative) will apply from the date the contribution is banked.

What rate of return will rollovers and other benefit payments recieve?

You will receive the latest rates (post-date of receipt of the benefit payment request) plus the net cash rate to the date of payment when you request:

  • rollovers to other superannuation funds
  • full or partial benefit payments
  • Departing Australia Superannuation Payments (DASP), and/or
  • Death and Total & Permanent Disablement payments.

What rate of return will compassionate and financial hardship payments receive?

These payments will receive the most recent rate plus the net cash rate to the date of payment.

What rate of return will releases that are under $200 receive?

These releases will receive the most recent rate plus the net cash rate to the date of payment.

Note: The net cash rate is the after-tax rate determined by us.