About this data
The following tables contain information for SMSFs and SMSF members as at 30 June 2019.
These tables are updated on an annual basis when the June quarter updates are published.
To view figures prior to 2014 refer to historical data.
Asset allocation by asset value of the fund table
This table contains the distribution of assets held by SMSFs of different sizes, based on total fund assets. These tables are based on actual return data for the 2014 to 2018 financial years.
The data is provided by SMSFs reporting their financial position as at 30 June of the relevant financial year.
The data was extracted on 29 August 2019.
|
Asset type |
$1– |
>$50– |
>$100– |
>$200– |
>$500k– $1m |
>$1– |
>$2– |
>$5– |
>$10– $20m |
>$20– $50m |
>$50– $100m |
>$100m |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Listed trusts |
1.22% |
2.17% |
3.54% |
4.70% |
5.39% |
5.79% |
5.25% |
4.49% |
3.92% |
2.44% |
2.26% |
3.09% |
|
Unlisted trusts |
2.16% |
4.57% |
6.84% |
7.06% |
7.98% |
9.77% |
11.92% |
14.28% |
16.98% |
20.12% |
19.70% |
15.59% |
|
Insurance policy |
0.02% |
0.00% |
0.01% |
0.01% |
0.01% |
0.02% |
0.02% |
0.03% |
0.01% |
0.00% |
0.00% |
0.00% |
|
Other managed investments |
1.08% |
1.86% |
2.87% |
3.91% |
4.52% |
5.34% |
5.39% |
5.22% |
4.77% |
3.59% |
0.27% |
3.84% |
|
Cash and term deposits |
53.63% |
47.38% |
43.32% |
29.77% |
24.31% |
23.43% |
20.88% |
17.91% |
15.20% |
12.44% |
15.60% |
13.75% |
|
Debt securities |
0.18% |
0.26% |
0.39% |
0.70% |
1.12% |
1.47% |
1.82% |
2.02% |
2.07% |
1.79% |
0.92% |
0.52% |
|
Loans |
1.66% |
2.33% |
1.68% |
0.73% |
0.47% |
0.49% |
0.56% |
0.80% |
0.89% |
1.97% |
4.64% |
2.04% |
|
Listed shares |
22.32% |
23.69% |
24.58% |
24.49% |
26.54% |
29.83% |
31.02% |
31.19% |
29.27% |
23.05% |
19.50% |
10.77% |
|
Unlisted shares |
2.23% |
2.50% |
1.81% |
1.00% |
0.65% |
0.70% |
0.98% |
1.35% |
2.20% |
3.94% |
3.38% |
4.61% |
|
Limited recourse borrowing arrangements |
0.01% |
0.22% |
1.24% |
12.64% |
12.78% |
5.66% |
3.20% |
3.06% |
4.01% |
6.37% |
9.12% |
14.00% |
|
Non-residential real property |
0.69% |
1.55% |
2.82% |
5.27% |
6.44% |
8.30% |
10.07% |
10.96% |
11.52% |
13.75% |
15.77% |
9.10% |
|
Residential real property |
0.86% |
2.25% |
3.11% |
5.52% |
6.39% |
5.69% |
4.91% |
3.83% |
3.54% |
2.14% |
0.61% |
0.57% |
|
Collectables and personal use assets |
0.51% |
0.51% |
0.33% |
0.12% |
0.06% |
0.04% |
0.03% |
0.03% |
0.02% |
0.02% |
0.00% |
0.00% |
|
Other assets |
11.69% |
8.81% |
5.83% |
2.97% |
2.34% |
2.30% |
2.42% |
2.64% |
3.05% |
3.58% |
4.81% |
19.28% |
|
Overseas shares |
1.08% |
0.85% |
0.76% |
0.65% |
0.61% |
0.73% |
0.99% |
1.51% |
1.82% |
3.00% |
2.95% |
2.64% |
|
Overseas non- residential real property |
0.06% |
0.10% |
0.06% |
0.02% |
0.01% |
0.01% |
0.01% |
0.01% |
0.00% |
0.25% |
0.00% |
0.00% |
|
Overseas residential real property |
0.14% |
0.43% |
0.33% |
0.10% |
0.05% |
0.03% |
0.02% |
0.04% |
0.01% |
0.00% |
0.00% |
0.00% |
|
Overseas managed investments |
0.13% |
0.12% |
0.08% |
0.07% |
0.08% |
0.11% |
0.15% |
0.21% |
0.22% |
0.46% |
0.02% |
0.03% |
|
Other overseas assets |
0.34% |
0.40% |
0.42% |
0.28% |
0.25% |
0.29% |
0.36% |
0.43% |
0.50% |
1.10% |
0.44% |
0.17% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Asset value ranges of funds – 2016–17
|
Asset type |
$1– $50k |
>$50– $100k |
>$100– $200k |
>$200– $500k |
>$500k– $1m |
>$1– $2m |
>$2– $5m |
>$5– $10m |
>$10– $20m |
>$20– $50m |
>$50– $100m |
>$100m |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Listed trusts |
1.26% |
2.15% |
3.13% |
4.03% |
4.56% |
4.84% |
4.49% |
3.85% |
3.35% |
2.24% |
3.10% |
0.77% |
|
Unlisted trusts |
2.46% |
4.87% |
6.38% |
6.85% |
7.80% |
9.32% |
11.40% |
13.88% |
17.19% |
19.97% |
18.30% |
17.59% |
|
Insurance policy |
0.02% |
0.01% |
0.01% |
0.01% |
0.02% |
0.02% |
0.02% |
0.04% |
0.01% |
0.10% |
0.00% |
0.00% |
|
Other managed investments |
1.18% |
1.85% |
2.62% |
3.70% |
4.33% |
4.89% |
4.91% |
4.91% |
4.22% |
3.26% |
1.41% |
2.94% |
|
Cash and term deposits |
53.25% |
48.49% |
45.53% |
31.38% |
26.56% |
26.19% |
23.71% |
19.79% |
15.92% |
12.70% |
12.15% |
13.13% |
|
Debt securities |
0.19% |
0.27% |
0.37% |
0.66% |
1.08% |
1.42% |
1.77% |
1.99% |
2.00% |
1.79% |
1.14% |
3.32% |
|
Loans |
1.74% |
2.20% |
1.70% |
0.77% |
0.48% |
0.52% |
0.60% |
0.77% |
1.05% |
2.39% |
2.03% |
1.50% |
|
Listed shares |
22.63% |
22.76% |
23.19% |
23.36% |
25.45% |
28.50% |
29.32% |
28.99% |
26.06% |
19.78% |
20.95% |
11.42% |
|
Unlisted shares |
2.46% |
2.41% |
2.01% |
1.06% |
0.69% |
0.75% |
0.97% |
1.42% |
2.34% |
3.98% |
4.13% |
1.26% |
|
Limited recourse borrowing arrangements |
0.04% |
0.20% |
1.26% |
12.47% |
12.05% |
5.58% |
3.28% |
3.23% |
4.61% |
8.80% |
11.06% |
16.24% |
|
Non-residential real property |
0.81% |
1.73% |
3.09% |
5.70% |
7.09% |
8.89% |
10.68% |
11.89% |
13.70% |
14.23% |
13.11% |
17.96% |
|
Residential real property |
0.94% |
2.16% |
3.05% |
5.79% |
6.56% |
5.69% |
5.07% |
4.22% |
3.71% |
2.17% |
0.59% |
0.80% |
|
Collectables and personal use assets |
0.40% |
0.57% |
0.37% |
0.13% |
0.07% |
0.05% |
0.04% |
0.04% |
0.03% |
0.02% |
0.00% |
0.00% |
|
Other assets |
11.17% |
8.48% |
5.60% |
3.05% |
2.38% |
2.36% |
2.49% |
3.06% |
3.70% |
4.86% |
8.58% |
10.54% |
|
Overseas shares |
0.67% |
0.66% |
0.69% |
0.55% |
0.48% |
0.56% |
0.77% |
1.25% |
1.40% |
2.37% |
3.01% |
2.45% |
|
Overseas non- residential real property |
0.07% |
0.10% |
0.06% |
0.02% |
0.02% |
0.01% |
0.02% |
0.01% |
0.00% |
0.24% |
0.00% |
0.00% |
|
Overseas residential real property |
0.21% |
0.47% |
0.34% |
0.12% |
0.06% |
0.03% |
0.03% |
0.04% |
0.03% |
0.01% |
0.00% |
0.00% |
|
Overseas managed investments |
0.12% |
0.07% |
0.09% |
0.06% |
0.07% |
0.09% |
0.11% |
0.19% |
0.19% |
0.29% |
0.22% |
0.00% |
|
Other overseas assets |
0.39% |
0.55% |
0.52% |
0.28% |
0.26% |
0.29% |
0.34% |
0.44% |
0.49% |
0.80% |
0.22% |
0.08% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
|
Asset type |
$1– |
>$50– |
>$100– |
>$200– |
>$500k– $1m |
>$1– |
>$2– |
>$5– |
>$10– $20m |
>$20– $50m |
>$50– $100m |
>$100m |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Listed trusts |
1.40% |
2.09% |
3.05% |
4.03% |
4.65% |
4.90% |
4.61% |
4.18% |
3.51% |
2.75% |
2.32% |
1.76% |
|
Unlisted trusts |
2.42% |
4.33% |
6.03% |
6.65% |
7.57% |
9.04% |
10.89% |
13.28% |
16.09% |
17.87% |
15.98% |
45.12% |
|
Insurance policy |
0.01% |
0.02% |
0.02% |
0.02% |
0.02% |
0.03% |
0.02% |
0.04% |
0.00% |
0.00% |
0.00% |
0.00% |
|
Other managed investments |
1.53% |
2.12% |
2.83% |
3.81% |
4.49% |
5.03% |
5.20% |
5.31% |
5.34% |
4.72% |
4.10% |
0.00% |
|
Cash and term deposits |
53.49% |
48.91% |
45.59% |
31.52% |
26.97% |
26.15% |
23.46% |
19.69% |
15.99% |
13.26% |
15.12% |
4.62% |
|
Debt securities |
0.16% |
0.24% |
0.32% |
0.69% |
1.08% |
1.38% |
1.67% |
1.86% |
2.03% |
1.87% |
1.44% |
2.10% |
|
Loans |
2.04% |
2.33% |
1.59% |
0.78% |
0.50% |
0.53% |
0.60% |
0.89% |
1.25% |
2.31% |
5.10% |
4.81% |
|
Listed shares |
22.12% |
23.05% |
23.89% |
24.54% |
26.21% |
28.78% |
29.53% |
29.64% |
27.45% |
25.24% |
28.63% |
20.57% |
|
Unlisted shares |
2.69% |
2.37% |
1.96% |
1.04% |
0.73% |
0.78% |
1.03% |
1.39% |
2.70% |
3.97% |
1.76% |
2.30% |
|
Limited recourse borrowing arrangements |
0.22% |
0.58% |
1.48% |
8.90% |
8.13% |
3.94% |
2.46% |
2.64% |
4.23% |
6.65% |
6.23% |
9.09% |
|
Non-residential real property |
0.95% |
1.97% |
3.28% |
7.35% |
9.32% |
10.71% |
12.29% |
12.93% |
13.04% |
10.58% |
12.27% |
5.13% |
|
Residential real property |
0.90% |
1.97% |
2.50% |
6.41% |
6.88% |
5.31% |
4.36% |
3.22% |
2.31% |
1.50% |
0.79% |
0.03% |
|
Collectables and personal use assets |
0.35% |
0.51% |
0.37% |
0.14% |
0.07% |
0.05% |
0.04% |
0.03% |
0.01% |
0.02% |
0.00% |
0.00% |
|
Other assets |
10.40% |
7.86% |
5.55% |
3.14% |
2.55% |
2.48% |
2.65% |
3.19% |
3.85% |
5.04% |
5.33% |
3.07% |
|
Overseas shares |
0.56% |
0.52% |
0.56% |
0.45% |
0.39% |
0.45% |
0.65% |
0.96% |
1.16% |
2.19% |
0.81% |
1.25% |
|
Overseas non- residential real property |
0.06% |
0.08% |
0.04% |
0.03% |
0.02% |
0.01% |
0.01% |
0.02% |
0.04% |
0.16% |
0.00% |
0.00% |
|
Overseas residential real property |
0.20% |
0.41% |
0.33% |
0.11% |
0.07% |
0.04% |
0.03% |
0.03% |
0.03% |
0.00% |
0.00% |
0.00% |
|
Overseas managed investments |
0.04% |
0.05% |
0.07% |
0.06% |
0.06% |
0.07% |
0.12% |
0.20% |
0.27% |
0.36% |
0.00% |
0.00% |
|
Other overseas assets |
0.46% |
0.61% |
0.56% |
0.34% |
0.27% |
0.33% |
0.39% |
0.49% |
0.70% |
1.50% |
0.13% |
0.14% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
|
Asset type |
$1– |
>$50– |
>$100– |
>$200– |
>$500k– $1m |
>$1– |
>$2– |
>$5– |
>$10– $20m |
>$20– $50m |
>$50– $100m |
>$100m |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Listed trusts |
1.38% |
1.97% |
2.72% |
3.76% |
4.33% |
4.53% |
4.29% |
3.87% |
3.46% |
2.94% |
2.49% |
0.36% |
|
Unlisted trusts |
2.17% |
3.91% |
5.72% |
6.34% |
7.09% |
8.42% |
10.11% |
12.51% |
14.88% |
16.75% |
16.38% |
34.99% |
|
Insurance policy |
0.01% |
0.02% |
0.02% |
0.02% |
0.01% |
0.03% |
0.03% |
0.03% |
0.04% |
0.00% |
0.00% |
0.00% |
|
Other managed investments |
1.35% |
2.04% |
2.80% |
3.88% |
4.70% |
5.14% |
5.14% |
5.27% |
5.82% |
4.53% |
2.75% |
0.00% |
|
Cash and term deposits |
53.84% |
50.01% |
46.94% |
32.87% |
28.24% |
26.93% |
23.95% |
20.23% |
16.35% |
14.03% |
17.12% |
14.30% |
|
Debt securities |
0.13% |
0.19% |
0.27% |
0.58% |
0.96% |
1.22% |
1.45% |
1.60% |
2.02% |
1.85% |
0.29% |
2.88% |
|
Loans |
1.98% |
2.42% |
1.59% |
0.80% |
0.52% |
0.51% |
0.56% |
0.84% |
1.13% |
2.35% |
4.27% |
4.42% |
|
Listed shares |
21.27% |
21.86% |
23.24% |
24.75% |
27.36% |
30.23% |
31.65% |
31.87% |
30.92% |
27.49% |
21.84% |
18.14% |
|
Unlisted shares |
2.41% |
2.36% |
1.95% |
1.03% |
0.76% |
0.79% |
1.01% |
1.27% |
2.34% |
2.14% |
8.20% |
0.80% |
|
Limited recourse borrowing arrangements |
0.24% |
0.68% |
1.31% |
7.67% |
6.58% |
3.23% |
2.07% |
2.35% |
3.38% |
5.95% |
7.39% |
15.23% |
|
Non-residential real property |
0.91% |
1.95% |
3.64% |
8.13% |
9.97% |
11.02% |
12.26% |
12.59% |
11.86% |
11.29% |
6.04% |
5.23% |
|
Residential real property |
1.06% |
2.00% |
2.48% |
5.83% |
5.98% |
4.45% |
3.54% |
2.67% |
1.98% |
1.39% |
3.10% |
0.81% |
|
Collectables and personal use assets |
0.53% |
0.59% |
0.42% |
0.15% |
0.09% |
0.06% |
0.05% |
0.05% |
0.02% |
0.04% |
0.00% |
0.05% |
|
Other assets |
11.41% |
8.33% |
5.45% |
3.21% |
2.57% |
2.52% |
2.70% |
3.18% |
3.49% |
4.82% |
8.64% |
2.67% |
|
Overseas shares |
0.50% |
0.51% |
0.47% |
0.41% |
0.36% |
0.40% |
0.57% |
0.90% |
1.17% |
2.38% |
0.71% |
0.08% |
|
Overseas non- residential real property |
0.08% |
0.09% |
0.05% |
0.03% |
0.02% |
0.01% |
0.01% |
0.02% |
0.01% |
0.17% |
0.00% |
0.00% |
|
Overseas residential real property |
0.20% |
0.36% |
0.32% |
0.12% |
0.06% |
0.04% |
0.03% |
0.02% |
0.02% |
0.01% |
0.00% |
0.00% |
|
Overseas managed investments |
0.04% |
0.05% |
0.06% |
0.06% |
0.06% |
0.08% |
0.11% |
0.19% |
0.34% |
0.53% |
0.07% |
0.00% |
|
Other overseas assets |
0.49% |
0.66% |
0.55% |
0.38% |
0.33% |
0.37% |
0.46% |
0.54% |
0.77% |
1.33% |
0.70% |
0.04% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
|
Asset type |
$1– |
>$50– |
>$100– |
>$200– |
>$500k– $1m |
>$1– |
>$2– |
>$5– |
>$10– $20m |
>$20– $50m |
>$50– $100m |
>$100m |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Listed trusts |
1.50% |
1.93% |
2.52% |
3.59% |
4.01% |
4.11% |
3.89% |
3.54% |
2.91% |
2.36% |
1.34% |
0.24% |
|
Unlisted trusts |
2.41% |
4.07% |
5.58% |
6.20% |
6.87% |
8.02% |
9.51% |
12.08% |
14.57% |
17.40% |
18.71% |
18.21% |
|
Insurance policy |
0.01% |
0.04% |
0.03% |
0.03% |
0.02% |
0.04% |
0.04% |
0.03% |
0.01% |
0.02% |
0.00% |
0.00% |
|
Other managed investments |
1.28% |
1.94% |
2.72% |
3.90% |
4.52% |
4.78% |
4.78% |
4.84% |
4.77% |
4.73% |
3.37% |
0.00% |
|
Cash and term deposits |
54.75% |
51.05% |
48.29% |
34.95% |
30.46% |
28.62% |
25.32% |
21.32% |
17.37% |
14.77% |
13.90% |
19.10% |
|
Debt securities |
0.14% |
0.19% |
0.29% |
0.54% |
0.83% |
1.10% |
1.32% |
1.54% |
1.94% |
1.54% |
1.15% |
0.85% |
|
Loans |
2.20% |
2.52% |
1.70% |
0.81% |
0.51% |
0.53% |
0.57% |
0.85% |
1.16% |
2.59% |
4.94% |
1.64% |
|
Listed shares |
19.89% |
21.49% |
23.14% |
25.45% |
28.19% |
31.10% |
32.51% |
33.17% |
32.29% |
30.24% |
27.41% |
30.17% |
|
Unlisted shares |
2.19% |
2.41% |
1.87% |
1.02% |
0.75% |
0.78% |
0.97% |
1.35% |
2.11% |
2.14% |
4.65% |
0.63% |
|
Limited recourse borrowing arrangements |
0.35% |
0.73% |
1.19% |
5.72% |
4.84% |
2.44% |
1.71% |
2.03% |
3.53% |
4.76% |
5.97% |
18.20% |
|
Non-residential real property |
0.93% |
1.95% |
3.74% |
8.29% |
10.23% |
11.23% |
12.63% |
12.84% |
12.59% |
10.81% |
7.86% |
5.26% |
|
Residential real property |
1.11% |
1.61% |
2.20% |
5.40% |
5.54% |
4.10% |
3.32% |
2.37% |
1.64% |
0.99% |
3.38% |
1.25% |
|
Collectables and personal use assets |
0.67% |
0.61% |
0.42% |
0.18% |
0.09% |
0.07% |
0.06% |
0.06% |
0.03% |
0.06% |
0.03% |
0.00% |
|
Other assets |
11.31% |
7.94% |
5.11% |
3.11% |
2.49% |
2.40% |
2.50% |
2.79% |
3.15% |
4.63% |
5.40% |
3.49% |
|
Overseas shares |
0.44% |
0.37% |
0.33% |
0.25% |
0.21% |
0.22% |
0.35% |
0.50% |
0.70% |
1.43% |
1.13% |
0.08% |
|
Overseas |
0.10% |
0.07% |
0.05% |
0.03% |
0.02% |
0.01% |
0.01% |
0.02% |
0.03% |
0.22% |
0.00% |
0.00% |
|
Overseas residential real property |
0.21% |
0.32% |
0.31% |
0.12% |
0.06% |
0.04% |
0.03% |
0.02% |
0.00% |
0.02% |
0.00% |
0.00% |
|
Overseas managed investments |
0.07% |
0.06% |
0.05% |
0.05% |
0.05% |
0.06% |
0.08% |
0.14% |
0.31% |
0.31% |
0.08% |
0.00% |
|
Other overseas assets |
0.47% |
0.70% |
0.46% |
0.36% |
0.31% |
0.34% |
0.40% |
0.50% |
0.90% |
0.97% |
0.67% |
0.89% |
|
Total |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
100.00% |
Membership sizes table
This table shows the distribution of SMSFs based on the number of members. These figures are based on SMSF annual return data.
The data was extracted on 29 August 2019.
|
Number of members |
2017-18 |
2016-17 |
2015-16 |
2014-15 |
2013-14 |
|---|---|---|---|---|---|
|
1 |
23.4% |
22.9% |
22.8% |
22.8% |
22.8% |
|
2 |
69.5% |
69.6% |
69.5% |
69.4% |
69.3% |
|
3 |
3.5% |
3.6% |
3.7% |
3.8% |
3.9% |
|
4 |
3.6% |
3.8% |
3.9% |
4.0% |
4.1% |
|
Total |
100.0% |
100.0% |
100.0% |
100.0% |
100.0% |
Fund demographic tables
These tables contain estimates of the proportion of funds, members and assets, by state and territory.
State or territory refers to where the fund is administered, not necessarily where the members live.
These figures are estimates based on SMSF annual return data for the 2014 to 2018 financial years.
The data was extracted on 29 August 2019.
|
State/territory |
2017-18 |
2016-17 |
2015-16 |
2014-15 |
2013-14 |
|---|---|---|---|---|---|
|
ACT |
1.7% |
1.6% |
1.6% |
1.7% |
1.8% |
|
NSW |
33.2% |
33.7% |
33.4% |
33.2% |
32.6% |
|
NT |
0.2% |
0.2% |
0.2% |
0.2% |
0.2% |
|
QLD |
16.9% |
16.7% |
16.8% |
16.6% |
16.4% |
|
SA |
6.9% |
6.9% |
6.9% |
7.0% |
7.0% |
|
TAS |
1.3% |
1.3% |
1.3% |
1.3% |
1.4% |
|
VIC |
30.3% |
30.3% |
30.2% |
30.2% |
30.5% |
|
WA |
9.6% |
9.4% |
9.6% |
9.8% |
10.1% |
|
Total |
100.0% |
100.0% |
100.0% |
100.0% |
100.0% |
|
State/territory |
2017-18 |
2016-17 |
2015-16 |
2014-15 |
2013-14 |
|---|---|---|---|---|---|
|
ACT |
1.7% |
1.6% |
1.6% |
1.7% |
1.8% |
|
NSW |
33.3% |
33.8% |
33.4% |
33.3% |
32.7% |
|
NT |
0.2% |
0.2% |
0.2% |
0.2% |
0.2% |
|
QLD |
16.8% |
16.6% |
16.8% |
16.6% |
16.3% |
|
SA |
6.9% |
6.9% |
6.9% |
7.0% |
7.1% |
|
TAS |
1.3% |
1.3% |
1.3% |
1.3% |
1.4% |
|
VIC |
30.2% |
30.2% |
30.1% |
30.1% |
30.4% |
|
WA |
9.6% |
9.4% |
9.6% |
9.9% |
10.1% |
|
Total |
100.0% |
100.0% |
100.0% |
100.0% |
100.0% |
|
State/territory |
2017-18 |
2016-17 |
2015-16 |
2014-15 |
2013-14 |
|---|---|---|---|---|---|
|
ACT |
1.8% |
1.7% |
1.7% |
1.8% |
1.8% |
|
NSW |
35.3% |
35.8% |
35.0% |
34.4% |
33.4% |
|
NT |
0.2% |
0.2% |
0.2% |
0.2% |
0.2% |
|
QLD |
15.5% |
15.3% |
15.7% |
15.7% |
15.7% |
|
SA |
6.8% |
6.9% |
7.0% |
7.1% |
7.3% |
|
TAS |
1.2% |
1.2% |
1.2% |
1.2% |
1.2% |
|
VIC |
30.4% |
30.4% |
30.2% |
30.3% |
30.8% |
|
WA |
8.8% |
8.5% |
9.0% |
9.2% |
9.5% |
|
Total |
100.0% |
100.0% |
100.0% |
100.0% |
100.0% |
Member demographic table – age ranges
This table contains the age distribution of individuals who were members of SMSFs as at the end of June 2019. The data is an estimate based on Australian Business Register (ABR) data. It was extracted on 29 August 2019.
|
Age ranges |
Male |
Female |
Total |
|---|---|---|---|
|
<25 |
0.5% |
0.5% |
0.5% |
|
25–34 |
3.2% |
3.3% |
3.2% |
|
35–44 |
10.8% |
11.7% |
11.2% |
|
45–49 |
9.7% |
10.5% |
10.1% |
|
50–54 |
10.9% |
11.7% |
11.3% |
|
55–59 |
12.9% |
13.5% |
13.2% |
|
60–64 |
13.0% |
13.7% |
13.3% |
|
65–69 |
12.9% |
13.4% |
13.1% |
|
70–74 |
12.3% |
11.4% |
11.8% |
|
75–84 |
11.7% |
9.0% |
10.4% |
|
85+ |
2.2% |
1.3% |
1.8% |
|
Unknown |
0.0% |
0.0% |
0.0% |
|
Total |
100.0% |
100.0% |
100.0% |
|
All ages |
52.7% |
47.3% |
100.0% |
Member demographic table – income ranges
This table contains the distribution of the taxable income of individuals who were SMSF members as at the end of June 2019. The data is an estimate based on ABR data and the member’s most recently lodged personal tax return. It was extracted on 29 August 2019.
|
Income ranges |
Male |
Female |
Total |
|---|---|---|---|
|
$0–$20,000 |
19.9% |
26.1% |
22.8% |
|
>$20,000–$40,000 |
16.0% |
20.8% |
18.3% |
|
>$40,000–$60,000 |
10.6% |
13.7% |
12.1% |
|
>$60,000–$80,000 |
9.7% |
10.0% |
9.8% |
|
>$80,000–$100,000 |
9.4% |
8.5% |
9.0% |
|
>$100,000–$150,000 |
13.1% |
8.6% |
11.0% |
|
>$150,000–$200,000 |
8.0% |
5.0% |
6.6% |
|
>$200,000–$500,000 |
8.6% |
4.1% |
6.5% |
|
>$500,000 |
2.7% |
1.0% |
1.9% |
|
Unknown |
2.1% |
2.1% |
2.1% |
|
Total |
100.0% |
100.0% |
100.0% |
Total asset range tables
These tables show:
- the proportion of funds by their size (based on asset range)
- the proportion of total assets that are held by SMSFs of different sizes (based on their asset range).
These figures are estimates based on SMSF annual return data for the 2014 to 2018 financial years.
The data was extracted on 29 August 2019.
|
Asset Ranges |
2017-18 |
2016-17 |
2015-16 |
2014-15 |
2013-14 |
|---|---|---|---|---|---|
|
$0-$50,000 |
5.6% |
5.8% |
6.1% |
6.7% |
7.1% |
|
>$50,000-$100,000 |
2.9% |
3.6% |
4.2% |
4.5% |
5.0% |
|
>$100,000-$200,000 |
7.1% |
8.2% |
9.2% |
9.5% |
10.2% |
|
>$200,000-$500,000 |
22.4% |
23.3% |
24.3% |
24.0% |
24.2% |
|
>$500,000-$1m |
25.0% |
24.4% |
24.2% |
23.6% |
23.1% |
|
>$1m-$2m |
20.4% |
19.2% |
18.3% |
18.0% |
17.6% |
|
>$2m-$5m |
13.1% |
12.1% |
11.0% |
10.9% |
10.3% |
|
>$5m-$10m |
2.7% |
2.5% |
2.2% |
2.2% |
2.0% |
|
>$10m-$20m |
0.653% |
0.585% |
0.446% |
0.419% |
0.374% |
|
>$20m-$50m |
0.128% |
0.120% |
0.090% |
0.079% |
0.065% |
|
>$50m-$100m |
0.013% |
0.013% |
0.008% |
0.007% |
0.006% |
|
>$100m |
0.004% |
0.004% |
0.002% |
0.002% |
0.001% |
|
Total |
100.0% |
100.0% |
100.0% |
100.0% |
100.0% |
|
Asset Ranges |
2017-18 |
2016-17 |
2015-16 |
2014-15 |
2013-14 |
|---|---|---|---|---|---|
|
$0-$50,000 |
0.0% |
0.1% |
0.1% |
0.1% |
0.1% |
|
>$50,000-$100,000 |
0.2% |
0.2% |
0.3% |
0.3% |
0.4% |
|
>$100,000-$200,000 |
0.8% |
1.0% |
1.3% |
1.3% |
1.5% |
|
>$200,000-$500,000 |
6.2% |
6.8% |
7.7% |
7.7% |
8.1% |
|
>$500,000-$1m |
14.1% |
14.6% |
15.9% |
15.8% |
16.1% |
|
>$1m-$2m |
22.6% |
22.5% |
23.3% |
23.5% |
23.9% |
|
>$2m-$5m |
30.8% |
30.2% |
29.9% |
30.1% |
29.9% |
|
>$5m-$10m |
14.4% |
14.2% |
13.4% |
13.5% |
13.0% |
|
>$10m-$20m |
6.7% |
6.4% |
5.3% |
5.1% |
4.7% |
|
>$20m-$50m |
2.8% |
2.8% |
2.3% |
2.0% |
1.7% |
|
>$50m-$100m |
0.7% |
0.7% |
0.5% |
0.5% |
0.4% |
|
>$100m |
0.5% |
0.5% |
0.2% |
0.2% |
0.1% |
|
Total |
100.0% |
100.0% |
100.0% |
100.0% |
100.0% |
Average and median assets table
This table shows the average and median total assets per SMSF member and per SMSF at the end of each financial year.
These figures are estimates based on SMSF annual return data for the 2014 to 2018 financial years.
The data was extracted on 29 August 2019.
|
Asset values |
2017-18 ($) |
2016-17 ($) |
2015-16 ($) |
2014-15 ($) |
2013-14 ($) |
|---|---|---|---|---|---|
|
Average assets per member |
678,621 |
636,926 |
581,355 |
569,988 |
543,556 |
|
Median assets per member |
408,237 |
372,316 |
342,323 |
334,663 |
318,190 |
|
Average assets per SMSF |
1,271,356 |
1,199,263 |
1,096,521 |
1,076,894 |
1,028,682 |
|
Median assets per SMSF |
719,840 |
660,993 |
610,607 |
598,557 |
568,954 |
Flow of funds table
This table shows estimates of the total amount of ‘flows’ into and out of SMSFs during each financial year. It shows:
- contributions – member and employer
- transfers – inward and outward
- benefits payments
- total expenses – investment expenses and administration and operating expenses.
Total expenses includes deductible and non-deductible expenses reported on the SMSF annual return.
The expense categories are based on the following return labels:
- Investments expenses
- interest expenses within Australia
- interest expenses overseas
- insurance premiums – members
- investment expenses
- forestry management investment scheme expense.
- Administration and operating expenses
- SMSF auditor fee
- management and administration expenses
- other amounts
- supervisory levy.
These figures are estimates based on SMSF annual return data for the 2014 to 2018 financial years. The data was extracted on 02 August 2019.
There was a significant drop of $22,245 million (66%) in the level of member contributions from $33,867 million in 2016–17 to $11,622 million in 2017–18.
Benefit payments made by SMSFs also decreased by 15% to $37,686 million in 2017–18, after peaking at $44,290 million in 2016–17.
We attribute this decline to a normalisation of flows after a spike in the 2016–17 year. Some SMSFs restructured in recent years to prepare for the superannuation measures that came into effect 1 July 2017, in particular the introduction of the $1.6 million total super balance and transfer balance cap.
|
Year |
Member contributions ($m) |
Employer contributions ($m) |
Inward transfers($m) |
Outward transfers($m) |
Benefit payments ($m) |
Investment expenses ($m) |
Administration and operating expenses ($m) |
|---|---|---|---|---|---|---|---|
|
2017-18 |
11,622 |
5,733 |
15,139 |
8,932 |
37,686 |
4,782 |
3,649 |
|
2016-17 |
33,867 |
7,248 |
17,947 |
8,873 |
44,290 |
4,639 |
3,599 |
|
2015-16 |
24,162 |
7,121 |
14,826 |
5,444 |
34,986 |
4,158 |
3,720 |
|
2014-15 |
24,745 |
6,881 |
14,944 |
5,589 |
33,260 |
3,569 |
2,966 |
|
2013-14 |
19,441 |
5,996 |
15,021 |
5,073 |
29,409 |
2,994 |
2,714 |