The following tables contain demographic information of SMSFs, as well as individual members, as at 30 June 2015. They also include a more detailed analysis of asset allocation of SMSFs, as well as estimates of the total amount of ‘flows’ into and out of SMSFs. These tables are updated on an annual basis, when the June quarter updates are published.
- asset allocation by asset value of the fund
- membership sizes (SMSFs with one, two, three or four members)
- demographics (state break-up of SMSFs, members and assets)
- member demographics (age and income of members)
- total asset ranges (distribution of the size of SMSFs)
- average and median assets (per member and per SMSF)
- flow of funds (contributions, transfers, benefits and expenses)
To view figures from before 2011, refer to:
Asset allocation by asset value of the fund table
This table contains the approximate distribution of assets held by SMSFs of different size, based on total fund assets. These tables are based on actual return data for the 2011 through to 2014 financial years.
The data provided by SMSFs reporting their financial position as at 30 June of the relevant financial year.
The data was extracted on 8 July 2015.
2011 |
$1- |
>$50- |
>$100- |
>$200- |
>$500k |
>$1- |
>$2- |
>$5- |
>$10m |
|---|---|---|---|---|---|---|---|---|---|
Listed |
1.89% |
2.82% |
3.93% |
4.63% |
4.74% |
4.23% |
3.89% |
3.79% |
2.55% |
Unlisted |
2.52% |
4.32% |
5.99% |
7.05% |
7.44% |
8.32% |
9.68% |
12.11% |
15.85% |
Insurance |
0.06% |
0.10% |
0.06% |
0.05% |
0.04% |
0.04% |
0.05% |
0.03% |
0.00% |
Other |
2.17% |
3.22% |
4.32% |
5.06% |
5.20% |
4.88% |
4.60% |
4.70% |
4.29% |
Cash |
54.61% |
46.76% |
40.54% |
33.05% |
30.61% |
29.24% |
26.76% |
23.30% |
20.76% |
Debt |
0.17% |
0.24% |
0.28% |
0.41% |
0.61% |
0.71% |
0.73% |
0.77% |
1.01% |
Loans |
2.31% |
2.22% |
1.47% |
0.79% |
0.53% |
0.60% |
0.60% |
0.89% |
1.65% |
Listed |
22.93% |
27.41% |
29.61% |
30.63% |
30.93% |
31.18% |
31.17% |
31.38% |
31.19% |
Unlisted |
1.94% |
2.17% |
1.71% |
1.06% |
0.86% |
0.94% |
1.17% |
1.57% |
2.32% |
Derivatives |
0.17% |
0.27% |
0.44% |
0.55% |
0.38% |
0.25% |
0.25% |
0.35% |
0.81% |
Non |
0.69% |
1.84% |
3.84% |
7.68% |
10.28% |
11.96% |
13.75% |
14.06% |
11.75% |
Residential |
0.40% |
0.87% |
1.81% |
4.58% |
4.68% |
4.01% |
3.42% |
2.39% |
1.51% |
Artwork, |
1.03% |
0.99% |
0.72% |
0.33% |
0.19% |
0.16% |
0.13% |
0.11% |
0.09% |
Other |
8.01% |
5.58% |
4.33% |
3.29% |
2.83% |
2.77% |
2.97% |
3.37% |
4.07% |
Overseas |
0.37% |
0.34% |
0.30% |
0.26% |
0.22% |
0.23% |
0.31% |
0.49% |
1.14% |
Overseas |
0.06% |
0.06% |
0.04% |
0.03% |
0.02% |
0.02% |
0.02% |
0.03% |
0.04% |
Overseas residential real property |
0.12% |
0.16% |
0.12% |
0.07% |
0.04% |
0.03% |
0.02% |
0.02% |
0.01% |
Overseas |
0.08% |
0.06% |
0.07% |
0.06% |
0.06% |
0.07% |
0.08% |
0.11% |
0.13% |
Other |
0.48% |
0.58% |
0.45% |
0.40% |
0.35% |
0.36% |
0.39% |
0.53% |
0.84% |
Total |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
2012 |
$1- |
>$50- |
>$100- |
>$200- |
>$500k |
>$1- |
>$2- |
>$5- |
>$10m |
|---|---|---|---|---|---|---|---|---|---|
Listed |
1.80% |
2.41% |
3.22% |
3.79% |
3.85% |
3.51% |
3.30% |
3.06% |
2.35% |
Unlisted |
2.44% |
4.00% |
5.67% |
6.58% |
6.94% |
7.89% |
9.46% |
12.55% |
15.66% |
Insurance |
0.04% |
0.06% |
0.03% |
0.03% |
0.03% |
0.04% |
0.05% |
0.05% |
0.01% |
Other |
1.94% |
2.70% |
3.72% |
4.39% |
4.51% |
4.38% |
4.19% |
4.23% |
3.67% |
Cash |
55.03% |
49.77% |
45.41% |
37.21% |
34.68% |
33.15% |
29.99% |
25.95% |
22.97% |
Debt |
0.16% |
0.22% |
0.32% |
0.55% |
0.76% |
0.84% |
0.93% |
1.08% |
1.14% |
Loans |
1.99% |
2.01% |
1.40% |
0.79% |
0.54% |
0.60% |
0.63% |
0.98% |
1.75% |
Listed |
22.51% |
25.39% |
26.65% |
27.52% |
27.79% |
27.99% |
27.95% |
27.92% |
27.09% |
Unlisted |
1.91% |
2.19% |
1.70% |
1.11% |
0.94% |
0.96% |
1.19% |
1.65% |
2.53% |
Limited recourse borrowing arrangements |
0.05% |
0.16% |
0.36% |
0.87% |
0.69% |
0.49% |
0.40% |
0.58% |
1.29% |
Non |
0.69% |
1.72% |
3.63% |
8.09% |
10.83% |
12.66% |
14.74% |
15.37% |
13.82% |
Residential |
0.45% |
1.00% |
1.80% |
4.83% |
5.03% |
4.16% |
3.52% |
2.38% |
1.64% |
Collectables and personal use assets |
0.68% |
0.64% |
0.47% |
0.21% |
0.14% |
0.12% |
0.08% |
0.09% |
0.10% |
Other |
9.28% |
6.44% |
4.61% |
3.24% |
2.59% |
2.51% |
2.74% |
3.03% |
3.88% |
Overseas |
0.39% |
0.36% |
0.34% |
0.28% |
0.23% |
0.24% |
0.33% |
0.52% |
1.10% |
Overseas |
0.06% |
0.06% |
0.04% |
0.02% |
0.02% |
0.02% |
0.02% |
0.03% |
0.04% |
Overseas residential real property |
0.12% |
0.23% |
0.14% |
0.08% |
0.05% |
0.04% |
0.02% |
0.02% |
0.02% |
Overseas |
0.05% |
0.07% |
0.05% |
0.05% |
0.05% |
0.07% |
0.07% |
0.10% |
0.15% |
Other |
0.41% |
0.57% |
0.43% |
0.35% |
0.32% |
0.34% |
0.38% |
0.42% |
0.79% |
Total |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
2013 |
$1- |
>$50- |
>$100- |
>$200- |
>$500k |
>$1- |
>$2- |
>$5- |
>$10m |
|---|---|---|---|---|---|---|---|---|---|
Listed |
1.63% |
2.08% |
2.75% |
3.65% |
3.99% |
3.83% |
3.44% |
3.13% |
2.33% |
Unlisted |
2.28% |
3.97% |
5.41% |
6.12% |
6.69% |
7.76% |
9.31% |
11.99% |
16.03% |
Insurance |
0.02% |
0.04% |
0.03% |
0.03% |
0.03% |
0.05% |
0.04% |
0.04% |
0.01% |
Other |
1.30% |
2.20% |
3.02% |
4.12% |
4.48% |
4.64% |
4.54% |
4.48% |
4.45% |
Cash |
55.41% |
51.34% |
48.84% |
37.17% |
33.16% |
31.21% |
27.84% |
24.04% |
20.00% |
Debt |
0.13% |
0.18% |
0.29% |
0.51% |
0.76% |
0.96% |
1.08% |
1.29% |
1.56% |
Loans |
1.79% |
2.02% |
1.43% |
0.74% |
0.53% |
0.55% |
0.60% |
0.84% |
1.71% |
Listed |
21.70% |
23.40% |
24.14% |
26.38% |
28.21% |
29.88% |
30.74% |
31.03% |
28.75% |
Unlisted |
1.93% |
2.24% |
1.68% |
1.03% |
0.84% |
0.86% |
1.01% |
1.44% |
2.35% |
Limited recourse borrowing arrangements |
0.12% |
0.31% |
0.68% |
3.32% |
2.77% |
1.48% |
1.13% |
1.38% |
3.11% |
Non |
0.88% |
1.71% |
3.68% |
8.13% |
10.31% |
11.74% |
13.56% |
13.86% |
12.48% |
Residential |
0.70% |
1.21% |
1.88% |
4.78% |
4.96% |
3.88% |
3.26% |
2.28% |
1.59% |
Collectables and personal use assets |
0.55% |
0.69% |
0.41% |
0.19% |
0.12% |
0.08% |
0.07% |
0.07% |
0.05% |
Other |
10.49% |
7.20% |
4.68% |
2.99% |
2.44% |
2.34% |
2.46% |
2.80% |
3.44% |
Overseas |
0.44% |
0.42% |
0.35% |
0.31% |
0.27% |
0.29% |
0.39% |
0.61% |
1.13% |
Overseas |
0.04% |
0.09% |
0.04% |
0.03% |
0.01% |
0.01% |
0.02% |
0.02% |
0.09% |
Overseas residential real property |
0.11% |
0.26% |
0.23% |
0.10% |
0.05% |
0.04% |
0.02% |
0.01% |
0.02% |
Overseas |
0.03% |
0.05% |
0.05% |
0.04% |
0.05% |
0.07% |
0.08% |
0.14% |
0.19% |
Other |
0.46% |
0.57% |
0.42% |
0.35% |
0.31% |
0.34% |
0.41% |
0.54% |
0.74% |
Total |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
2014 |
$1- |
>$50- |
>$100- |
>$200- |
>$500k |
>$1- |
>$2- |
>$5- |
>$10m |
|---|---|---|---|---|---|---|---|---|---|
Listed |
1.61% |
2.02% |
2.58% |
3.72% |
4.13% |
4.21% |
3.96% |
3.64% |
2.69% |
Unlisted |
2.22% |
4.00% |
5.44% |
6.00% |
6.65% |
7.72% |
9.05% |
11.37% |
14.62% |
Insurance |
0.01% |
0.03% |
0.03% |
0.02% |
0.02% |
0.04% |
0.04% |
0.03% |
0.01% |
Other |
1.24% |
1.89% |
2.76% |
4.00% |
4.62% |
4.86% |
4.87% |
4.89% |
4.72% |
Cash |
56.52% |
52.33% |
49.23% |
35.61% |
31.03% |
29.06% |
25.66% |
21.70% |
16.79% |
Debt |
0.12% |
0.18% |
0.29% |
0.57% |
0.87% |
1.13% |
1.36% |
1.58% |
1.85% |
Loans |
1.44% |
1.67% |
1.21% |
0.58% |
0.43% |
0.46% |
0.51% |
0.78% |
1.74% |
Listed |
20.61% |
22.50% |
23.93% |
26.52% |
29.21% |
32.05% |
33.50% |
34.34% |
33.20% |
Unlisted |
1.95% |
2.21% |
1.73% |
0.93% |
0.69% |
0.71% |
0.92% |
1.27% |
2.26% |
Limited recourse borrowing arrangements |
0.35% |
0.77% |
1.25% |
5.36% |
4.47% |
2.25% |
1.59% |
1.91% |
4.03% |
Non |
0.99% |
1.85% |
3.60% |
7.95% |
9.69% |
10.68% |
12.14% |
12.37% |
11.15% |
Residential |
1.18% |
1.53% |
2.05% |
5.02% |
5.18% |
3.87% |
3.14% |
2.29% |
1.31% |
Collectables and personal use assets |
0.59% |
0.49% |
0.33% |
0.14% |
0.08% |
0.06% |
0.05% |
0.05% |
0.04% |
Other |
10.07% |
7.19% |
4.57% |
2.86% |
2.32% |
2.26% |
2.40% |
2.66% |
3.48% |
Overseas |
0.35% |
0.31% |
0.27% |
0.21% |
0.18% |
0.20% |
0.31% |
0.44% |
0.87% |
Overseas |
0.08% |
0.05% |
0.05% |
0.02% |
0.02% |
0.01% |
0.01% |
0.03% |
0.07% |
Overseas residential real property |
0.19% |
0.26% |
0.23% |
0.10% |
0.05% |
0.04% |
0.02% |
0.02% |
0.01% |
Overseas |
0.06% |
0.06% |
0.04% |
0.05% |
0.06% |
0.06% |
0.08% |
0.14% |
0.28% |
Other |
0.41% |
0.67% |
0.42% |
0.33% |
0.30% |
0.33% |
0.40% |
0.50% |
0.89% |
Total |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
100% |
Membership sizes table
This table contains an approximate distribution of the number of members in SMSFs as at the end of each financial year for the 2011 through to the 2014 years. These figures are based on SMSF annual return data.
The data was extracted on 8 July 2015.
Number of members |
2010–11 |
2011–12 |
2012–13 |
2013–14 |
|---|---|---|---|---|
1 |
22.8% |
22.8% |
22.6% |
22.6% |
2 |
68.5% |
68.9% |
69.3% |
69.7% |
3 |
4.2% |
4.1% |
4.0% |
3.7% |
4 |
4.4% |
4.3% |
4.2% |
4.0% |
Demographic table
This table contains estimates of the proportion of funds, members and assets located across the different states and territories of Australia.
'State' refers to the state or territory that the fund is administered, not necessarily where the members live.
These figures are estimates based on SMSF annual return data for the 2011 to 2014 financial years.
The data was extracted on 8 July 2015.
State |
2010–11 |
2011–12 |
2012–13 |
2013–14 |
|---|---|---|---|---|
ACT |
1.8% |
1.8% |
1.8% |
2.0% |
NSW |
31.6% |
31.8% |
31.9% |
32.1% |
NT |
0.2% |
0.2% |
0.2% |
0.2% |
QLD |
16.8% |
16.6% |
16.4% |
16.5% |
SA |
7.1% |
7.2% |
7.2% |
7.1% |
TAS |
1.4% |
1.4% |
1.4% |
1.3% |
VIC |
30.4% |
30.6% |
30.8% |
30.7% |
WA |
10.6% |
10.4% |
10.3% |
10.1% |
State |
2010–11 |
2011–12 |
2012–13 |
2013–14 |
|---|---|---|---|---|
ACT |
1.8% |
1.8% |
1.8% |
2.0% |
NSW |
31.7% |
31.8% |
32.0% |
32.2% |
NT |
0.2% |
0.2% |
0.2% |
0.2% |
QLD |
16.9% |
16.6% |
16.4% |
16.4% |
SA |
7.2% |
7.2% |
7.2% |
7.1% |
TAS |
1.4% |
1.4% |
1.4% |
1.3% |
VIC |
30.3% |
30.6% |
30.8% |
30.7% |
WA |
10.6% |
10.4% |
10.3% |
10.1% |
State |
2010–11 |
2011–12 |
2012–13 |
2013–14 |
|---|---|---|---|---|
ACT |
1.7% |
1.8% |
1.9% |
1.9% |
NSW |
32.2% |
32.3% |
32.5% |
33.1% |
NT |
0.2% |
0.2% |
0.2% |
0.2% |
QLD |
16.6% |
16.4% |
16.1% |
15.9% |
SA |
7.1% |
7.2% |
7.3% |
7.3% |
TAS |
1.3% |
1.3% |
1.3% |
1.2% |
VIC |
30.6% |
30.8% |
31.1% |
30.9% |
WA |
10.3% |
10.1% |
9.7% |
9.5% |
Member demographic table – age ranges
This table contains an approximate age distribution of individuals who were members of SMSFs as at the end of June 2015. The data behind this table was extracted on 8 July 2015 and is an estimate based on Australian business register (ABR) data.
In the table below, '..' indicates the proportion has been rounded to zero, but is not equal to zero.
Age ranges |
Male |
Female |
Total |
|---|---|---|---|
<25 |
0.8% |
0.8% |
0.8% |
25–34 |
3.4% |
3.5% |
3.4% |
35–44 |
10.6% |
12.0% |
11.3% |
45–54 |
20.8% |
23.2% |
21.9% |
55–64 |
28.9% |
30.7% |
29.8% |
65–74 |
25.1% |
22.8% |
24.0% |
>74 |
10.4% |
7.0% |
8.8% |
Unknown |
.. |
.. |
.. |
Total |
100% |
100% |
100% |
All ages |
52.7% |
47.3% |
100% |
Member demographic table – income ranges
This table contains an approximate distribution of the taxable income of individuals who were SMSF members as at the end of June 2015. The data was extracted on 8 July 2015 and is an estimate based on ABR data and the member’s most recently lodged personal tax return.
Income ranges |
Male |
Female |
Total |
|---|---|---|---|
$0–$20,000 |
19.2% |
26.0% |
22.5% |
>$20,000–$40,000 |
16.4% |
21.7% |
18.9% |
>$40,000–$60,000 |
11.3% |
13.9% |
12.5% |
>$60,000–$80,000 |
10.9% |
11.0% |
11.0% |
>$80,000–$100,000 |
8.3% |
7.1% |
7.7% |
>$100,000–$150,000 |
11.8% |
7.5% |
9.8% |
>$150,000–$200,000 |
7.3% |
4.6% |
6.0% |
>$200,000–$500,000 |
8.7% |
3.8% |
6.4% |
>$500,000 |
2.9% |
1.0% |
2.0% |
Unknown |
3.2% |
3.5% |
3.3% |
Total |
100% |
100% |
100% |
Total asset range table
This table shows an approximate distribution of the size of SMSFs as at the end of each financial year, in terms of total assets.
These figures are estimates based on SMSF annual return data for the 2011 to 2014 financial years.
The data was extracted on 8 July 2015.
Asset ranges |
2010–11 |
2011–12 |
2012–13 |
2013–14 |
|---|---|---|---|---|
$1–$50,000 |
7.2% |
7.4% |
7.2% |
6.2% |
>$50,000–$100,000 |
5.9% |
6.0% |
5.4% |
4.4% |
>$100,000–$200,000 |
11.5% |
11.6% |
10.8% |
9.7% |
>$200,000–$500,000 |
25.2% |
25.5% |
24.8% |
24.1% |
>$500,000–$1m |
22.7% |
22.7% |
23.0% |
23.8% |
>$1m–$2m |
16.7% |
16.3% |
17.2% |
18.4% |
>$2m–$5m |
9.0% |
8.7% |
9.7% |
10.8% |
>$5m–$10m |
1.6% |
1.5% |
1.8% |
2.1% |
>$10m |
0.3% |
0.3% |
0.4% |
0.5% |
Total |
100% |
100% |
100% |
100% |
Average and median assets table ($)
This table approximates the average and median assets per SMSF member and per SMSF at the end of each financial year.
These figures are estimates based on SMSF annual return data for the 2011 to 2014 financial years.
The data was extracted on 8 July 2015.
Asset values |
2010–11 |
2011–12 |
2012–13 |
2013–14 |
|---|---|---|---|---|
Average assets per member |
486,585 |
476,993 |
513,805 |
564,086 |
Median assets per member |
283,430 |
276,505 |
302,808 |
338,336 |
Average assets per SMSF |
925,323 |
905,503 |
975,206 |
1,066,080 |
Median assets per SMSF |
507,999 |
495,668 |
541,683 |
602,629 |
Flow of funds table ($m)
This table shows estimates of the total amount of ‘flows’ into and out of SMSFs during each financial year. It contains totals relating to the following:
- contributions – member and employer
- transfers – inward and outward
- benefits payments
- operating expenses.
Changes were made to the 2012–13 SMSF annual return to collect both deductions and non-deductible expenses. The operating expense figures for 2013 onwards incorporates deductible and non-deductible expenses data.
These figures are estimates based on SMSF annual return data for the 2011 to 2014 financial years.
The data was extracted on 8 July 2015.
|
Contributions ($m) |
Transfers ($m) |
Benefit payments ($m) |
Operating expenses ($m) |
||
|---|---|---|---|---|---|---|
Member contributions |
Employer contributions |
Inward transfers |
Outward transfers |
|||
2010–11 |
16,842 |
6,978 |
15,579 |
4,180 |
19,198 |
2,418 |
2011–12 |
19,242 |
7,521 |
16,109 |
3,808 |
22,719 |
2,746 |
2012–13 |
18,203 |
5,486 |
16,755 |
4,305 |
25,847 |
4,804 |
2013–14 |
20,431 |
6,102 |
15,625 |
5,026 |
30,662 |
5,477 |