Self-Managed Superannuation Funds in Australia - Industry Market Research Report

Self-aware: Recovering financial markets are supporting asset growth and stability

The Self-Managed Superannuation Funds industry's assets have continued growing in recent years. Industry assets have increased by an annualised 2.6% over the five years through 2022-23, to $899.5 billion. Revenue has inched upwards at an annualised 0.5% over the same period, to $58.9 billion. Like other superannuation funds, SMSF revenue is highly volatile as it's made up of investment income and SMSFs are highly exposed to equity markets. Significant volatility in domestic and international sharemarkets throughout the COVID-19 pandemic and more recent inflationary pressures have highlighted this variability. Revenue has surged by 255.7%, back to a positive value in 2022-23, following a strong recovery in financial markets over the past year. Entities in this industry operate superannuation funds that are required to have no more than four members. Industry revenue is made up of investment revenue. Investment revenue is derived from investments and capital gains or losses. Industry establishments represent the number of self-managed super fund members. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.