APRA releases annual superannuation bulletin for 2022/23 financial year and quarterly superannuation statistics

The Australian Prudential Regulation Authority (APRA) has released the Annual Superannuation Bulletin for the year ended 30 June 2023 and the Quarterly Superannuation Industry publication for the September 2023 quarter.

The Annual Superannuation Bulletin provides an overview of the superannuation industry and information on funds, membership profile, key financial performance metrics, financial position, fees and expenses.

Key statistics for the superannuation industry as at 30 June 2023:

Total superannuation assets$3,570 Billion
Total APRA-regulated assets$2,468 Billion
Of which: total assets in MySuper products$995 Billion
Total self-managed super fund assets$876 Billion
Exempt public sector superannuation schemes assets$162 Billion
Balance of life office statutory fund assets$64 Billion

Key statistics for entities with more than six members for the year ended 30 June 2023:

Entities with more than six membersMySuper products
Total contributions$165 Billion$134 Billion
Total benefit payments$102 Billion$76 Billion
Average account balance$111,380$63,976

The Quarterly Superannuation Industry Publication presents industry-level data on products and member demographics.

Copies of the publications are available on the APRA website at Annual superannuation bulletin and the Quarterly Superannuation Industry publication.

The 30 September 2023 edition of the Quarterly Superannuation Product Statistics will be released in February 2024.

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