Population and asset allocation tables

About this data

The following tables contain details of:

• SMSF population growth
• asset allocation of SMSFs
• number of SMSFs established or wound up during recent financial years (quarterly and annual data)
• estimates of the amount of assets held by SMSFs for each type of asset.

These tables are updated on a quarterly basis. To view figures from before 2015, refer to historical data.

Population table – annual data

This table contains details of the number of SMSFs that were established or wound up during each financial year.

The establishment date is the date when an SMSF is deemed by the super law to come into existence. It can be different from the date the SMSF registers with us.

Wind-ups include both those initiated by trustees and those that occur as a result of our compliance and cleansing activity. Where the wind-up is initiated by the trustees, the year refers to the year the fund actually winds up, rather than the date this advice was received by us.

Net establishments are calculated as establishments less wind-ups.

The total number of SMSFs is calculated as the number of SMSFs as at the end of the previous financial year plus net establishments for the financial year.

The total number of members of SMSFs is estimated based on SMSF return form data. The estimates for June 2019 are extrapolated from 2017–18 data.

The data for this table was extracted on 29 January 2020.

Population table – annual data

Year ended	Establishments	Wind-ups	Net establishments	Total number of SMSFs	Total members of SMSFs
June 2019	20,458	11,609	8,849	583,857	1,095,401
June 2018	25,432	23,689	1,743	575,008	1,078,218
June 2017	30,405	14,408	15,997	573,265	1,080,430
June 2016	32,826	13,324	19,502	557,268	1,049,954
June 2015	33,759	13,561	20,198	537,766	1,018,042

Population table – quarterly data

This table is similar to the population table – annual data but breaks the data down into each quarter since the June 2015 quarter.

Establishments and wind-ups for recent quarters may be understated because there is often a time lag between when the event occurs and when we receive notification from the SMSF. It is anticipated that the number of June 2019 quarter establishments and wind-ups will increase as more notifications are received.

Generally, we receive notifications of wind-ups as at the end of the financial year. This means the June quarters show significantly higher numbers of wind-ups than other quarters. Other quarters that show a high number of wind-ups may be due to our activities. For example, in recent years we cancelled around 9,000 SMSF Australian business numbers which were reflected in the September 2017 quarter.

Estimates of the total members of SMSFs for the September 2018 quarter onwards are extrapolated from 2017–18 return form data.

The data was extracted on 29 January 2020.

Population table – quarterly data

Quarter	Establishments	Wind-ups	Net establishments	Total number of SMSFs	Total members of SMSFs
December 2019	4,623	197	4,426	594,163	1,115,822
September 2019	6,324	444	5,880	589,737	1,108,010
June 2019	4,974	8,249	−3,275	583,857	1,095,401
March 2019	4,500	1,454	3,046	587,132	1,102,105
December 2018	4,801	1,173	3,628	584,086	1,096,873
September 2018	6,183	733	5,450	580,458	1,090,581
June 2018	5,927	11,236	−5,309	575,008	1,078,218
March 2018	5,926	1,728	4,198	580,317	1,088,850
December 2017	6,235	1,379	4,856	576,119	1,081,610
September 2017	7,344	9,346	−2,002	571,263	1,073,167
June 2017	8,372	10,876	−2,504	573,265	1,080,430
March 2017	7,361	1,459	5,902	575,769	1,086,000
December 2016	6,744	1,161	5,583	569,867	1,075,581
September 2016	7,928	912	7,016	564,284	1,065,704
June 2016	8,561	9,573	−1,012	557,268	1,049,954
March 2016	7,575	1,375	6,200	558,280	1,052,723
December 2015	7,088	1,166	5,922	552,080	1,041,762
September 2015	9,602	1,210	8,392	546,158	1,031,278
June 2015	8,593	9,474	−881	537,766	1,018,042

Asset allocation tables

All data in these tables are estimates. The tables contain data on:

• the amount of assets held for each type of asset listed on the SMSF annual return
• borrowings and other liabilities
• total and net Australian and overseas assets held.

The estimates are based on data provided by SMSFs reporting their financial position as at 30 June of the relevant financial year.

The figures for June 2015 through to June 2018 are based on return form data for those financial years. Each quarter, these estimates are updated as more return data becomes available.

Figures for September 2018 and subsequent quarters are extrapolated from 2017–18 return form data.

The estimates relate to the total SMSF population, including funds established in the most recent quarter. This means that any changes in asset allocation figures from one quarter to another will be based on estimates for funds established in that quarter as well as estimates for all other SMSFs.

The data was extracted on 29 January 2020.

Asset allocation table: Part 1

Quarter	Listed trusts ($m)	Unlisted trusts ($m)	Insurance policy ($m)	Other managed Investments ($m)	Cash and term deposits ($m)	Debt securities ($m)	Loans ($m)
December 2019	36,461	88,418	100	38,165	151,182	10,935	5,230
September 2019	36,402	88,276	100	38,484	151,624	10,967	5,274
June 2019	35,639	86,426	100	38,052	152,182	11,007	5,295
March 2019	34,342	83,280	116	36,605	152,092	11,001	5,288
December 2018	33,075	80,207	112	34,486	152,415	11,024	5,329
September 2018	34,998	84,870	119	36,171	152,860	11,056	5,345
June 2018	35,091	85,095	120	35,278	153,413	11,096	5,371
March 2018	29,328	76,237	157	32,375	161,560	10,347	4,879
December 2017	30,011	78,014	159	32,278	161,695	10,356	4,889
September 2017	28,826	74,932	158	31,388	162,115	10,383	4,899
June 2017	28,860	75,022	160	30,949	162,737	10,423	4,917
March 2017	28,077	65,726	98	32,503	137,911	8,235	4,239
December 2016	27,629	64,677	99	32,484	140,637	8,398	4,329
September 2016	26,961	63,114	102	31,761	143,841	8,589	4,430
June 2016	26,709	62,524	138	29,484	147,423	8,803	4,534
March 2016	23,882	55,653	148	29,106	147,194	7,477	4,076
December 2015	24,092	56,143	151	29,386	146,332	7,433	4,086
September 2015	23,239	54,155	148	28,527	145,596	7,396	4,083
June 2015	23,725	55,288	152	28,365	145,019	7,367	4,082

Asset allocation table: Part 2

Quarter	Listed shares ($m)	Unlisted shares ($m)	Limited recourse borrowing arrangements ($m)	Non-residential real property ($m)	Residential real property ($m)	Collectables and personal use assets ($m)	Other assets ($m)
December 2019	221,374	8,369	44,945	65,914	35,828	369	19,001
September 2019	221,701	8,439	44,734	65,606	35,660	372	19,160
June 2019	218,534	8,473	43,502	63,799	34,678	373	19,235
March 2019	203,322	8,462	43,471	63,753	34,653	373	19,212
December 2018	184,630	8,527	44,568	65,362	35,527	376	19,359
September 2018	203,061	8,554	45,437	66,636	36,220	377	19,420
June 2018	201,836	8,595	45,958	67,401	36,635	379	19,514
March 2018	188,161	7,870	42,001	67,810	35,227	370	19,256
December 2017	197,066	7,887	42,016	67,835	35,239	371	19,297
September 2017	184,512	7,903	41,426	66,883	34,745	372	19,336
June 2017	185,118	7,933	41,390	66,824	34,714	373	19,409
March 2017	181,207	6,494	27,731	68,597	29,710	326	16,398
December 2016	177,173	6,632	27,465	67,940	29,425	333	16,747
September 2016	173,114	6,788	26,767	66,213	28,677	341	17,140
June 2016	169,530	6,947	26,828	66,363	28,742	349	17,542
March 2016	163,873	6,268	22,353	66,972	24,463	415	16,712
December 2015	168,625	6,284	22,116	66,261	24,203	416	16,755
September 2015	158,806	6,279	21,863	65,502	23,926	416	16,742
June 2015	170,769	6,277	21,245	63,652	23,250	416	16,736

Asset allocation table: Part 3

Quarter	Overseas shares ($m)	Overseas non-residential real property ($m)	Overseas residential real property ($m)	Overseas managed investments ($m)	Other overseas assets ($m)
December 2019	8,810	146	345	1,169	2,984
September 2019	8,823	146	345	1,171	2,989
June 2019	8,697	144	340	1,154	2,946
March 2019	8,092	134	316	1,073	2,741
December 2018	7,348	122	287	975	2,489
September 2018	8,081	134	316	1,072	2,737
June 2018	8,033	133	314	1,066	2,721
March 2018	5,820	144	318	818	2,414
December 2017	6,095	151	333	857	2,528
September 2017	5,707	141	312	802	2,367
June 2017	5,726	142	313	805	2,375
March 2017	4,215	134	305	751	2,643
December 2016	4,121	131	298	735	2,585
September 2016	4,026	128	292	718	2,525
June 2016	3,943	126	286	703	2,473
March 2016	3,282	110	263	665	2,523
December 2015	3,377	113	271	684	2,596
September 2015	3,180	107	255	644	2,445
June 2015	3,420	115	274	693	2,630

Asset allocation table: Part 4

Quarter	Total Australian and overseas assets ($m)	Borrowings ($m)	Other liabilities ($m)	Total net Australian and overseas assets ($m)
December 2019	739,743	25,097	6,455	708,191
September 2019	740,272	25,115	6,460	708,697
June 2019	730,577	24,786	6,375	699,416
March 2019	708,328	24,031	6,181	678,116
December 2018	686,219	23,281	5,988	656,950
September 2018	717,466	24,341	6,261	686,864
June 2018	718,048	24,361	6,266	687,421
March 2018	685,091	23,711	5,975	655,405
December 2017	697,076	24,126	6,080	666,870
September 2017	677,206	23,438	5,906	647,862
June 2017	678,190	23,472	5,915	648,803
March 2017	615,300	21,464	5,666	588,170
December 2016	611,839	21,344	5,634	584,861
September 2016	605,528	21,123	5,576	578,829
June 2016	603,448	21,051	5,557	576,840
March 2016	575,435	18,106	5,520	551,809
December 2015	579,325	18,228	5,557	555,540
September 2015	563,310	17,724	5,404	540,182
June 2015	573,472	18,044	5,501	549,927

Find out about

• Annual SMSF population analysis tables
• December 2019 quarter establishment tables