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  • Self-managed super fund quarterly statistical report – December 2017

    We publish quarterly statistical reports for the self-managed super fund (SMSF) market. This report has been developed taking into account valuable feedback from the superannuation industry.

    The information in this report includes:

    See also:

    Find out about:

    Explanatory notes on statistics used

    Much of the information in the statistical tables is estimated, based on data reported to us. Caution should be taken when using or presenting this data. The estimates have been based on data provided by SMSFs reporting their financial position as at 30 June of the relevant financial year.

    Rounding of figures may cause minor discrepancies to totals, for example some proportions are rounded to zero but are not equal to zero.

    The SMSF population, asset allocation and establishment tables are updated on a quarterly basis, with the remainder of the tables updated annually when the June quarter updates are published.

    Quarterly reports (as at the end of March, June, September and December each year) will generally be published within two months after the end of the quarter. The next report will cover the period up to 31 March 2018 and should be available in May 2018.

    If you would like to provide comments, or you have questions about this report, email us at SPR_smsfstats@ato.gov.au

    This email address is only for comments and questions about published SMSF data.

    Additional information

    From the June 2017 report, the 2015–16 annual return data has been incorporated into our estimation model – as a result, the estimates are a more accurate reflection of SMSF asset holdings.

    In the December 2017 quarter, the ATO processed the cancellation of ABNs for a number of SMSFs that had no evidence of operating. As a result, there was an upward revision in the number of SMSFs that wound up in the September 2017 quarter. This also led to flow-on revisions of previously reported estimates for the total number of SMSFs and SMSF members for the quarter.

    On 18 January 2018, we released Self-managed superannuation funds: A statistical overview 2015–16. Because the overview is based on historical data, it will differ from the more recent data in this quarterly SMSF statistical report.

    See also:

    Historical data

    To view historical data refer to:

    Note: A number of tables no longer report historical data from before 2013. However, statistics from before 2013 may be included in the above reports.

    Population and asset allocation tables

    The following tables contain details of the population growth and asset allocation of SMSFs. They include details of the number of SMSFs established or wound up during recent financial years (quarterly and annual data) and estimates of the amount of assets held by SMSFs for each type of asset. These tables are updated on a quarterly basis.

    On this page:

    SMSF population table – annual data

    This table contains details of the number of SMSFs that were established or wound up during each financial year. Establishment date is the date when an SMSF is deemed by the super law to come into existence, and can be different from the date the SMSF registers with us.

    Wind-ups include both those initiated by trustees and those that occur as a result of ATO compliance and cleansing activity. Those initiated by the trustees refer to the year the fund actually winds up, rather than the date this advice is received by us. Net establishments are calculated as establishments, less wind-ups.

    Total number of SMSFs is calculated as the number of SMSFs as at the end of the previous financial year, plus net establishments for the financial year.

    The number of members of SMSFs is estimated based on SMSF return form data, with the estimates for June 2017 extrapolated from 2015–16 data.

    The data was extracted on 11 January 2018.

    Population table – annual data

    Date

    Establishments

    Wind-ups

    Net establishments

    Total number of SMSFs

    Total members of SMSFs

    Jun 2013

    39,619

    11,106

    28,513

    501,622

    949,120

    Jun 2014

    33,823

    12,279

    21,544

    523,166

    990,633

    Jun 2015

    34,416

    12,417

    21,999

    545,165

    1,032,028

    Jun 2016

    33,213

    11,353

    21,860

    567,025

    1,068,356

    Jun 2017

    30,597

    8,779

    21,818

    588,843

    1,109,854

    Population table – quarterly data

    This table is similar to the SMSF population table – annual data. However, it contains details of the number of SMSFs that established or were wound up in each quarter since the June 2013 quarter.

    Quarterly establishments and wind-ups for recent quarters may be understated, because there is often a time lag between when this event occurs and when we receive notification from the SMSF. In addition, recent quarter estimates of the total members of SMSFs are extrapolated from 2015–16 return form data.

    In this report, there was an upward revision of wind-ups that occurred in the September 2017 quarter, due to the ATO’s cancellation of ABNs for almost 9,000 SMSFs. This also led to flow-on revisions of previously reported estimates for the total number of SMSFs and SMSF members for the quarter.

    The data was extracted on 11 January 2018.

    Population table – quarterly data

    Date

    Establishments

    Wind-ups

    Net establishments

    Total number of SMSFs

    Total members of SMSFs

    Jun 2013

    9,559

    7,271

    2,288

    501,622

    949,120

    Sep 2013

    9,339

    1,705

    7,634

    509,256

    966,653

    Dec 2013

    7,963

    835

    7,128

    516,384

    979,399

    Mar 2014

    7,892

    1,096

    6,796

    523,180

    991,523

    Jun 2014

    8,629

    8,643

    -14

    523,166

    990,633

    Sep 2014

    9,560

    1,164

    8,396

    531,562

    1,008,916

    Dec 2014

    8,042

    1,028

    7,014

    538,576

    1,021,358

    Mar 2015

    8,058

    1,213

    6,845

    545,421

    1,033,477

    Jun 2015

    8,756

    9,012

    -256

    545,165

    1,032,028

    Sep 2015

    9,710

    712

    8,998

    554,163

    1,046,397

    Dec 2015

    7,178

    841

    6,337

    560,500

    1,057,656

    Mar 2016

    7,677

    1,067

    6,610

    567,110

    1,069,381

    Jun 2016

    8,648

    8,733

    -85

    567,025

    1,068,356

    Sep 2016

    8,010

    479

    7,531

    574,556

    1,085,110

    Dec 2016

    6,788

    755

    6,033

    580,589

    1,095,833

    Mar 2017

    7,404

    993

    6,411

    587,000

    1,107,210

    Jun 2017

    8,395

    6,552

    1,843

    588,843

    1,109,854

    Sep 2017

    7,296

    8,820

    -1,524

    587,319

    1,109,303

    Dec 2017

    5,456

    117

    5,339

    592,658

    1,118,848

    Asset allocation tables

    These tables contain estimates of the amount of assets held by SMSFs for each type of asset listed on the SMSF annual return. Tables also contain estimates of borrowings, other liabilities and total net Australian and overseas assets held by SMSFs.

    The figures for June 2013 through to June 2016 are estimates based on return form data for those financial years. Each quarter, these estimates are updated as more return data becomes available. The estimates have been based on data provided by SMSFs reporting their financial position as at 30 June of the relevant financial year. Estimates for September 2016 and subsequent quarters are extrapolated from 2015–16 return form data.

    Due to superannuation new measures introduced from 1 July 2017, there may be differences in the level of contributions and benefit payments made in the 2017 financial year as compared to 2015–16 data. It is likely that significant revisions will be made to the estimated assets for these quarters when 2017 return data is incorporated into our statistics in June 2018.

    The following estimates relate to the total SMSF population, including funds established in the most recent quarter. This means that any changes in asset allocation figures from one quarter to another will be based on estimates for funds established in that quarter as well as estimates for all other SMSFs.

    These are estimates of asset allocations for the total SMSF population. The data was extracted on 11 January 2018.

    Asset allocation tables ($ million)

    Date

    Listed trusts

    Unlisted trusts

    Insurance policy

    Other managed investments

    Cash and term deposits

    Debt securities

    Loans

    Jun 2013

    16,747

    42,606

    184

    21,200

    142,565

    4,656

    3,521

    Sep 2013

    17,855

    45,424

    190

    22,664

    143,612

    4,690

    3,549

    Dec 2013

    18,599

    47,315

    195

    23,652

    144,838

    4,730

    3,570

    Mar 2014

    19,055

    48,477

    197

    24,649

    146,378

    4,780

    3,592

    Jun 2014

    20,254

    48,920

    166

    24,804

    144,992

    6,253

    3,759

    Sep 2014

    20,387

    49,241

    167

    25,156

    145,812

    6,288

    3,766

    Dec 2014

    21,017

    50,761

    171

    26,116

    146,851

    6,333

    3,768

    Mar 2015

    22,425

    54,162

    180

    27,805

    148,203

    6,391

    3,778

    Jun 2015

    24,425

    56,517

    155

    29,196

    148,607

    7,588

    4,067

    Sep 2015

    23,922

    55,353

    151

    29,356

    149,182

    7,617

    4,068

    Dec 2015

    24,797

    57,379

    154

    30,234

    149,920

    7,655

    4,070

    Mar 2016

    24,579

    56,875

    151

    29,941

    150,794

    7,699

    4,060

    Jun 2016

    28,214

    65,032

    142

    31,103

    153,868

    9,363

    4,465

    Sep 2016

    29,207

    67,321

    109

    34,604

    154,094

    9,377

    4,477

    Dec 2016

    30,666

    70,684

    108

    36,160

    154,542

    9,404

    4,488

    Mar 2017

    31,904

    73,536

    109

    36,977

    155,276

    9,449

    4,502

    Jun 2017

    32,261

    74,359

    111

    38,190

    156,629

    9,531

    4,523

    Sep 2017

    32,399

    74,678

    110

    38,848

    156,891

    9,547

    4,531

    Dec 2017

    33,738

    77,763

    110

    38,716

    157,262

    9,570

    4,516

    Asset allocation tables ($ million) continued 

    Date

    Listed shares ($m)

    Unlisted shares ($m)

    Limited recourse borrowing arrangements ($m)

    Non-residential real property ($m)

    Residential real property ($m)

    Collectables and personal use assets ($m)

    Other assets ($m)

    Jun 2013

    140,041

    5,290

    8,860

    56,876

    17,324

    495

    12,842

    Sep 2013

    153,815

    5,332

    9,161

    58,807

    17,912

    499

    12,945

    Dec 2013

    158,796

    5,364

    9,627

    61,798

    18,823

    502

    13,021

    Mar 2014

    162,196

    5,397

    9,894

    63,511

    19,345

    505

    13,102

    Jun 2014

    164,928

    5,617

    15,614

    60,724

    20,076

    442

    14,460

    Sep 2014

    163,454

    5,627

    15,959

    62,063

    20,519

    443

    14,486

    Dec 2014

    168,314

    5,629

    16,469

    64,049

    21,176

    443

    14,493

    Mar 2015

    185,857

    5,645

    16,960

    65,955

    21,806

    444

    14,534

    Jun 2015

    175,701

    6,385

    21,532

    65,066

    23,573

    417

    16,958

    Sep 2015

    163,374

    6,387

    22,155

    66,950

    24,255

    417

    16,963

    Dec 2015

    173,458

    6,391

    22,410

    67,719

    24,534

    417

    16,974

    Mar 2016

    168,558

    6,374

    22,649

    68,442

    24,796

    416

    16,929

    Jun- 2016

    179,065

    7,055

    26,867

    68,467

    29,248

    337

    17,911

    Sep 2016

    187,465

    7,075

    27,498

    70,076

    29,936

    338

    17,961

    Dec 2016

    196,580

    7,091

    28,908

    73,669

    31,470

    339

    18,002

    Mar 2017

    205,801

    7,114

    29,885

    76,158

    32,534

    340

    18,061

    Jun 2017

    203,138

    7,148

    30,941

    78,849

    33,683

    342

    18,145

    Sep 2017

    203,588

    7,160

    31,138

    79,351

    33,898

    342

    18,177

    Dec 2017

    218,450

    7,136

    31,437

    80,114

    34,224

    341

    18,115

    Asset allocation tables ($ million) continued

    Date

    Overseas shares ($m)

    Overseas non-residential real property ($m)

    Overseas residential real property ($m)

    Overseas managed investments ($m)

    Other overseas assets ($m)

    Jun 2013

    1,960

    107

    213

    390

    1,951

    Sep 2013

    2,153

    117

    234

    428

    2,142

    Dec 2013

    2,223

    121

    241

    442

    2,212

    Mar 2014

    2,270

    124

    246

    451

    2,259

    Jun 2014

    1,846

    114

    239

    489

    2,247

    Sep 2014

    1,830

    113

    237

    484

    2,226

    Dec 2014

    1,884

    117

    244

    499

    2,293

    Mar 2015

    2,081

    129

    269

    551

    2,532

    Jun 2015

    3,488

    118

    268

    709

    2,694

    Sep 2015

    3,244

    109

    249

    660

    2,505

    Dec 2015

    3,444

    116

    264

    700

    2,660

    Mar 2016

    3,347

    113

    257

    681

    2,584

    Jun 2016

    4,058

    125

    267

    741

    2,569

    Sep 2016

    4,248

    131

    280

    776

    2,689

    Dec 2016

    4,455

    137

    293

    813

    2,820

    Mar 2017

    4,664

    143

    307

    852

    2,952

    Jun 2017

    4,603

    142

    303

    841

    2,914

    Sep 2017

    4,613

    142

    304

    842

    2,921

    Dec 2017

    4,950

    152

    326

    904

    3,134

    Asset allocation tables ($ million) continued

     

    Total Australian and overseas assets ($m)

    Borrowings ($m)

    Other Liabilities ($m)

    Total net Australian and overseas assets ($m)

    Jun 2013

    477,828

    9,819

    3,987

    464,022

    Sep 2013

    501,532

    10,306

    4,184

    487,042

    Dec 2013

    516,069

    10,605

    4,306

    501,158

    Mar 2014

    526,431

    10,818

    4,392

    511,221

    Jun 2014

    535,945

    13,831

    4,771

    517,343

    Sep 2014

    538,257

    13,891

    4,791

    519,575

    Dec 2014

    550,626

    14,210

    4,901

    531,515

    Mar 2015

    579,707

    14,961

    5,160

    559,586

    Jun 2015

    587,462

    18,255

    5,529

    563,678

    Sep 2015

    576,917

    17,927

    5,429

    553,561

    Dec 2015

    593,296

    18,436

    5,584

    569,276

    Mar 2016

    589,243

    18,310

    5,546

    565,387

    Jun 2016

    628,896

    20,942

    5,522

    602,432

    Sep 2016

    647,663

    21,567

    5,686

    620,410

    Dec 2016

    670,630

    22,332

    5,888

    642,410

    Mar 2017

    690,564

    22,996

    6,063

    661,505

    Jun 2017

    696,653

    23,198

    6,117

    667,338

    Sep 2017

    699,481

    23,293

    6,141

    670,047

    Dec 2017

    720,957

    24,008

    6,330

    690,619

      Last modified: 19 Apr 2018QC 55139