Mobile Menu
Australia
AU ANZSIC OD5513 | Industry Report

Industry Superannuation Funds in Australia Industry Data and Analysis

MR
Matt Reeves
Analyst Melbourne, Australia February 2026

Wild equity market fluctuations have driven significant volatility in super funds’ investment income over the past few years. Industry superannuation funds' revenue is expected to fall at an annualised 2.0% over the five years through 2025-26, to $160.6 billion. Superannuation funds' total assets are a more accurate indicator of the industry's size. Despite a net loss in 2021-22, total industry assets are anticipated to have grown at an annualised 7.7% over the five years through 2025-26, reaching $1.6 trillion. This expansion partly stems from a shifting market environment, as economic stimulus-fuelled recoveries led to a financial market rebound in 2020-21. More recently, booming technology and AI stocks have ignited a marketwide resurgence, boosting funds’ returns and contributing to revenue expanding by an estimated 4.3% in 2025-26. A rising superannuation guarantee, growing labour force and rising wages have lifted industry assets over the period.

Continue reading

Access this data your way

The Industry Superannuation Funds in Australia Industry analysis is available in multiple formats to fit seamlessly into your workflow.

IBISWorld Industry Report platform

IBISWorld Platform

Answer any industry question in minutes with our entire database at your fingertips.

Screen of code example for the IBISWorld api

API Data Delivery

Feed trusted, human-driven industry intelligence straight into your platform.

IBISWorld Data integration with a Client user interface

Integrations

Streamline your workflow with IBISWorld’s intelligence built into your toolkit.

What's included in this industry analysis

IBISWorld's research coverage on the Industry Superannuation Funds industry in Australia includes market sizing, forecasting, data and analysis from 2016-2031. The most recent publication was released February 2026.

About this industry

What's this industry report about?

The Industry Superannuation Funds industry in Australia operates under the ANZSIC industry code OD5513. Industry firms provide retirement benefits to its members, which are sometimes employed in specific industries, and are often not-for-profit superannuation funds. Industry revenue is represented by investment revenue. Related terms covered in the Industry Superannuation Funds industry in Australia include custodian, smsf and rse.

What's included in this industry?

Products and services covered in Industry Superannuation Funds industry in Australia include Listed equities, Property and Fixed income.

What companies are included in this industry?

Companies covered in the Industry Superannuation Funds industry in Australia include Australian Retirement Trust, AustralianSuper and Cbus Super.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Industry Superannuation Funds industry in Australia.

Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.

Products & Markets

What's included in the Products and Markets chapter?

The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Industry Superannuation Funds industry in Australia.

Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.

Geographic Breakdown

What's included in the Geographic Breakdown chapter?

The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Industry Superannuation Funds industry in Australia.

Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Industry Superannuation Funds industry in Australia. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.

Companies

What's included in the Companies chapter?

The Companies chapter covers Key Takeaways, Market Share and Companies in the Industry Superannuation Funds industry in Australia. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.

Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Industry Superannuation Funds industry in Australia. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Industry Superannuation Funds industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Industry Superannuation Funds industry in Australia.

Trusted by industry professionals

More than 6,000 businesses use IBISWorld to shape local and global economies

We were able to supplement our reports with IBISWorld’s information from both a qualitative and quantitative standpoint. All of our reporting now features some level of IBISWorld integration.

BDO logo

IBISWorld delivers the crisp business knowledge we need to drive our business.  Whether it be serving up our major clients, winning new business or educating  on industry issues, IBISWorld brings real value.

PWC logo

IBISWorld has revolutionised business information — which has proved commercially invaluable to exporters, investors and public policy professionals in Australia and overseas.

Australian Trade and Investment Commission logo

When you’re able to speak to clients and be knowledgeable about what they do and the state that they operate in, they’re going to trust you a lot more.

Citi Bank logo

10,000,000+ Data points

100% Industry analyst verified

50,000 + Industry titles

Frequently Asked Questions

What is the market size of the Industry Superannuation Funds industry in Australia in 2026?

The market size of the Industry Superannuation Funds industry in Australia is $160.6bn in 2026.

How many businesses are there in the Industry Superannuation Funds industry in Australia in 2026?

There are 19 businesses in the Industry Superannuation Funds industry in Australia, which has declined at a CAGR of 10.5 % between 2021 and 2026.

How may import tariffs affect the Industry Superannuation Funds industry in Australia?

The Industry Superannuation Funds industry in Australia is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.

How may export tariffs affect the Industry Superannuation Funds industry in Australia?

The Industry Superannuation Funds industry in Australia is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.

Has the Industry Superannuation Funds industry in Australia grown or declined over the past 5 years?

The market size of the Industry Superannuation Funds industry in Australia has been declining at a CAGR of 2.0 % between 2021 and 2026.

What is the forecast growth of the Industry Superannuation Funds industry in Australia over the next 5 years?

Over the next five years, the Industry Superannuation Funds industry in Australia is expected to grow.

What are the biggest companies in the Industry Superannuation Funds industry in Australia?

The biggest companies operating in the Industry Superannuation Funds industry in Australia are Australian Retirement Trust, AustralianSuper and Cbus Super

What does the Industry Superannuation Funds industry in Australia include?

Listed equities and Property are part of the Industry Superannuation Funds industry in Australia.

Which companies have the highest market share in the Industry Superannuation Funds industry in Australia?

The company holding the most market share in the Industry Superannuation Funds industry in Australia is Australian Retirement Trust.

How competitive is the Industry Superannuation Funds industry in Australia?

The level of competition is high and increasing in the Industry Superannuation Funds industry in Australia.

Cut through the noise with intelligence you can trust

/img/content/home/cta-image-1.webp
/img/content/home/cta-image-2.webp
/img/content/home/cta-image-3.webp
/img/content/home/cta-image-4.webp
/img/content/home/cta-image-5.webp