MLC and AustralianSuper Report Spikes in Voluntary Contributions
What happened
MLC experienced a 35% spike in extra super contributions between May and August compared to the same period last year. Concurrently, AustralianSuper reported a 35% spike in voluntary contributions between June of the previous year and June of the current year, with contributions continuing to climb through July and August, largely from members aged 50-66. Both funds reported these increases on September 20, 2026.
From switzer.com.au
Why it matters
The contribution surges occurred against a backdrop of property tax changes in the Budget affecting negative gearing and capital gains tax discounts. Industry watchers suggest that many individuals are considering selling investment properties and redirecting capital into tax-friendly superannuation funds.
From switzer.com.au
Who's involved
- MLCRetail superannuation giant experiencing a spike in extra contributions.
- AustralianSuperMajor Australian superannuation and pension fund experiencing contribution increases.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AustralianSuperSpeculative
The fund could benefit from increased capital inflows as members utilize the services.
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The entities involved
- MLC
-
AustralianSuper
Australian superannuation and pension fund
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