Growth of SMSF sector
In the five years to 30 June 2013, the SMSF sector grew by $175 billion or 53%. This means that in dollar terms, it was the strongest growing sector of the $1.6 trillion Australian superannuation industry.4
Graph 1 shows the proportion of total superannuation asset growth by fund type. Total superannuation assets in the period grew by 42% or $474 billion, of which the SMSF sector contributed the largest proportion of overall growth at 37%.
Graph 1: Proportion of 2008–2013 total superannuation asset growth, by fund type