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Parliamentary Committees
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Answers to Questions
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Super SA
417 The Hon. H.M. GIROLAMO ().27 November 2024). Can the Treasurer advise:
1. Broken down by quarter in a table format, the take up rate of Super SA funds from FY2022-23 to present? Including the portion of members who have elected an alternative fund following the introduction of choice of fund?
2. Broken down by quarter in a table format, the investment results of Super SA products from FY2022-23 to present?
The Hon. K.J. MAHER (Minister for Aboriginal Affairs, Attorney-General, Minister for Industrial Relations and Public Sector, Special Minister of State): The Treasurer has advised:
Total membership numbers by product type:
| Product | 2022-23 | 2023-24 |
| Triple S | 177,907 | 180,128 |
| Flexible Rollover Product | 8,074 | 8,437 |
| Income Stream | 13,381 | 13,912 |
| Superannuants | 13,262 | 12,486 |
| Pension | 207 | 158 |
| Lump Sum | 1,920 | 1,649 |
| SA Ambulance | 567 | 525 |
To 30 November 2024, 7,775 members have made a fund selection.
Investment returns across products at 30 November 2024:
Triple S
| 1 month | 3 months | FYTD | 1 year | 3 years | 5 years | 10 years | |
| Balanced | 3.10% | 3.90% | 6.63% | 14.65% | 5.02% | 6.56% | 7.54% |
| High Growth | 3.44% | 4.76% | 7.71% | 16.44% | 5.79% | 7.28% | 8.63% |
| Socially Responsible | 3.82% | 4.24% | 7.86% | 15.08% | 4.66% | 6.84% | 7.09% |
| Moderate | 2.44% | 3.00% | 5.51% | 12.28% | 4.14% | 4.87% | 6.09% |
| Stable | 1.89% | 2.36% | 4.49% | 9.62% | 2.94% | 3.49% | 4.82% |
| Capital Defensive | 1.44% | 1.69% | 3.61% | 7.45% | 2.08% | 2.31% | 3.60% |
| Cash | 0.36% | 1.14% | 1.94% | 4.62% | 3.17% | 2.01% | 2.02% |
Income Stream
| 1 month | 3 months | FYTD | 1 year | 3 years | 5 years | 10 years | |
| Balanced | 3.13% | 3.93% | 6.72% | 14.91% | 5.52% | 6.83% | 7.66% |
| High Growth | 3.47% | 4.76% | 7.83% | 16.69% | 6.22% | 7.57% | 8.86% |
| Socially Responsible | 3.83% | 4.30% | 7.98% | 15.58% | 5.06% | 7.09% | 7.44% |
| Moderate | 2.47% | 3.03% | 5.52% | 12.36% | 4.48% | 5.05% | 6.13% |
| Stable | 1.90% | 2.29% | 4.49% | 9.71% | 3.22% | 3.50% | 4.76% |
| Capital Defensive | 1.47% | 1.61% | 3.63% | 7.51% | 2.27% | 2.27% | 3.46% |
| Cash | 0.36% | 1.14% | 1.95% | 4.65% | 3.19% | 2.02% | 2.01% |
TTR–Income Stream
| 1 month | 3 months | FYTD | 1 year | 3 years | 5 years | 10 years (1) | |
| Balanced | 2.69% | 3.37% | 5.74% | 12.61% | 6.37% | 6.92% | N/A |
| High Growth | 2.98% | 4.08% | 6.68% | 14.08% | 7.26% | 7.74% | N/A |
| Socially Responsible | 3.29% | 3.68% | 6.80% | 13.15% | 5.93% | 7.16% | N/A |
| Moderate | 2.12% | 2.60% | 4.72% | 10.48% | 5.04% | 5.09% | N/A |
| Stable | 1.63% | 1.95% | 3.83% | 8.25% | 3.60% | 3.50% | N/A |
| Capital Defensive | 1.26% | 1.38% | 3.09% | 6.39% | 2.44% | 2.24% | N/A |
| Cash | 0.31% | 0.98% | 1.68% | 3.98% | 2.72% | 1.73% | N/A |
(1) This option did not commence until 1/7/17.
Flexible Rollover Product
| 1 month | 3 months | FYTD | 1 year | 3 years | 5 years | 10 years | |
| Balanced | 2.80% | 3.26% | 5.70% | 13.38% | 4.93% | 6.20% | 6.77% |
| High Growth | 3.11% | 4.02% | 6.71% | 15.00% | 5.58% | 6.90% | 7.90% |
| Socially Responsible | 3.41% | 3.58% | 6.80% | 13.94% | 4.54% | 6.45% | 6.60% |
| Moderate | 2.19% | 2.44% | 4.60% | 11.06% | 3.98% | 4.56% | 5.40% |
| Stable | 1.67% | 1.77% | 3.67% | 8.68% | 2.85% | 3.13% | 4.15% |
| Capital Defensive | 1.28% | 1.17% | 2.89% | 6.74% | 2.00% | 2.01% | 2.98% |
| Cash | 0.31% | 0.98% | 1.66% | 3.96% | 2.69% | 1.69% | 1.69% |
Super SA Select
| 1 month | 3 months | FYTD | 1 year | 3 years | 5 years | 10 years | |
| Balanced | 2.68% | 3.25% | 5.69% | 13.12% | 4.85% | 6.16% | 6.77% |
| Cash | 0.31% | 0.98% | 1.66% | 3.95% | 2.70% | 1.72% | 1.72% |
Lump Sum Scheme
| 1 month | 3 months | FYTD | 1 year | 3 years | 5 years | 10 years | |
| Balanced | 3.11% | 3.92% | 6.66% | 14.80% | 5.06% | 6.60% | 7.53% |
| High Growth | 3.45% | 4.78% | 7.74% | 16.59% | 5.83% | 7.32% | 8.63% |
| Socially Responsible | 3.82% | 4.26% | 7.89% | 15.23% | 4.70% | 6.88% | 7.09% |
| Moderate | 2.45% | 3.02% | 5.55% | 12.44% | 4.18% | 4.90% | 6.08% |
| Stable | 1.90% | 2.38% | 4.53% | 9.77% | 2.98% | 3.51% | 4.81% |
| Capital Defensive | 1.46% | 1.72% | 3.65% | 7.61% | 2.12% | 2.33% | 3.59% |
| Cash | 0.36% | 1.14% | 1.94% | 4.62% | 3.15% | 1.99% | 1.99% |
SA Ambulance
| 1 month | 3 months | FYTD | 1 year | 3 years | 5 years | 10 years | |
| Balanced | 2.78% | 3.51% | 5.98% | 13.11% | 4.83% | 6.20% | 6.79% |