• Annual SMSF population analysis tables

    The following tables contain demographic information of SMSFs, as well as individual members, as at 30 June 2015. They also include a more detailed analysis of asset allocation of SMSFs, as well as estimates of the total amount of ‘flows’ into and out of SMSFs. These tables are updated on an annual basis, when the June quarter updates are published.

    To view figures from before 2011, refer to:

    Asset allocation by asset value of the fund table

    This table contains the approximate distribution of assets held by SMSFs of different size, based on total fund assets. These tables are based on actual return data for the 2011 through to 2014 financial years.

    The data provided by SMSFs reporting their financial position as at 30 June of the relevant financial year.

    The data was extracted on 8 July 2015.

    Asset value ranges of funds

    2011

    $1-
    $50k

    >$50-
    $100k

    >$100-
    $200k

    >$200-
    $500k

    >$500k
    -$1m

    >$1-
    $2m

    >$2-
    $5m

    >$5-
    $10m

    >$10m

    Listed
    trusts

    1.89%

    2.82%

    3.93%

    4.63%

    4.74%

    4.23%

    3.89%

    3.79%

    2.55%

    Unlisted
    trusts

    2.52%

    4.32%

    5.99%

    7.05%

    7.44%

    8.32%

    9.68%

    12.11%

    15.85%

    Insurance
    policy

    0.06%

    0.10%

    0.06%

    0.05%

    0.04%

    0.04%

    0.05%

    0.03%

    0.00%

    Other
    managed
    investments

    2.17%

    3.22%

    4.32%

    5.06%

    5.20%

    4.88%

    4.60%

    4.70%

    4.29%

    Cash
    and term
    deposits

    54.61%

    46.76%

    40.54%

    33.05%

    30.61%

    29.24%

    26.76%

    23.30%

    20.76%

    Debt
    securities

    0.17%

    0.24%

    0.28%

    0.41%

    0.61%

    0.71%

    0.73%

    0.77%

    1.01%

    Loans

    2.31%

    2.22%

    1.47%

    0.79%

    0.53%

    0.60%

    0.60%

    0.89%

    1.65%

    Listed
    shares

    22.93%

    27.41%

    29.61%

    30.63%

    30.93%

    31.18%

    31.17%

    31.38%

    31.19%

    Unlisted
    shares

    1.94%

    2.17%

    1.71%

    1.06%

    0.86%

    0.94%

    1.17%

    1.57%

    2.32%

    Derivatives
    and
    instalment
    warrants

    0.17%

    0.27%

    0.44%

    0.55%

    0.38%

    0.25%

    0.25%

    0.35%

    0.81%

    Non
    residential 
    real property

    0.69%

    1.84%

    3.84%

    7.68%

    10.28%

    11.96%

    13.75%

    14.06%

    11.75%

    Residential
    real property

    0.40%

    0.87%

    1.81%

    4.58%

    4.68%

    4.01%

    3.42%

    2.39%

    1.51%

    Artwork,
    collectibles,
    metal
    or jewels

    1.03%

    0.99%

    0.72%

    0.33%

    0.19%

    0.16%

    0.13%

    0.11%

    0.09%

    Other
    assets

    8.01%

    5.58%

    4.33%

    3.29%

    2.83%

    2.77%

    2.97%

    3.37%

    4.07%

    Overseas
    shares

    0.37%

    0.34%

    0.30%

    0.26%

    0.22%

    0.23%

    0.31%

    0.49%

    1.14%

    Overseas
    non-
    residential
    real property

    0.06%

    0.06%

    0.04%

    0.03%

    0.02%

    0.02%

    0.02%

    0.03%

    0.04%

    Overseas residential real property

    0.12%

    0.16%

    0.12%

    0.07%

    0.04%

    0.03%

    0.02%

    0.02%

    0.01%

    Overseas
    managed
    investments

    0.08%

    0.06%

    0.07%

    0.06%

    0.06%

    0.07%

    0.08%

    0.11%

    0.13%

    Other
    overseas
    assets

    0.48%

    0.58%

    0.45%

    0.40%

    0.35%

    0.36%

    0.39%

    0.53%

    0.84%

    Total

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    Asset value ranges of funds

    2012

    $1-
    $50k

    >$50-
    $100k

    >$100-
    $200k

    >$200-
    $500k

    >$500k
    -$1m

    >$1-
    $2m

    >$2-
    $5m

    >$5-
    $10m

    >$10m

    Listed
    trusts

    1.80%

    2.41%

    3.22%

    3.79%

    3.85%

    3.51%

    3.30%

    3.06%

    2.35%

    Unlisted
    trusts

    2.44%

    4.00%

    5.67%

    6.58%

    6.94%

    7.89%

    9.46%

    12.55%

    15.66%

    Insurance
    policy

    0.04%

    0.06%

    0.03%

    0.03%

    0.03%

    0.04%

    0.05%

    0.05%

    0.01%

    Other
    managed
    investments

    1.94%

    2.70%

    3.72%

    4.39%

    4.51%

    4.38%

    4.19%

    4.23%

    3.67%

    Cash
    and term
    deposits

    55.03%

    49.77%

    45.41%

    37.21%

    34.68%

    33.15%

    29.99%

    25.95%

    22.97%

    Debt
    securities

    0.16%

    0.22%

    0.32%

    0.55%

    0.76%

    0.84%

    0.93%

    1.08%

    1.14%

    Loans

    1.99%

    2.01%

    1.40%

    0.79%

    0.54%

    0.60%

    0.63%

    0.98%

    1.75%

    Listed
    shares

    22.51%

    25.39%

    26.65%

    27.52%

    27.79%

    27.99%

    27.95%

    27.92%

    27.09%

    Unlisted
    shares

    1.91%

    2.19%

    1.70%

    1.11%

    0.94%

    0.96%

    1.19%

    1.65%

    2.53%

    Limited recourse borrowing arrangements

    0.05%

    0.16%

    0.36%

    0.87%

    0.69%

    0.49%

    0.40%

    0.58%

    1.29%

    Non
    residential
    real property

    0.69%

    1.72%

    3.63%

    8.09%

    10.83%

    12.66%

    14.74%

    15.37%

    13.82%

    Residential
    real property

    0.45%

    1.00%

    1.80%

    4.83%

    5.03%

    4.16%

    3.52%

    2.38%

    1.64%

    Collectables and personal use assets

    0.68%

    0.64%

    0.47%

    0.21%

    0.14%

    0.12%

    0.08%

    0.09%

    0.10%

    Other
    assets

    9.28%

    6.44%

    4.61%

    3.24%

    2.59%

    2.51%

    2.74%

    3.03%

    3.88%

    Overseas
    shares

    0.39%

    0.36%

    0.34%

    0.28%

    0.23%

    0.24%

    0.33%

    0.52%

    1.10%

    Overseas
    non-
    residential
    real property

    0.06%

    0.06%

    0.04%

    0.02%

    0.02%

    0.02%

    0.02%

    0.03%

    0.04%

    Overseas residential real property

    0.12%

    0.23%

    0.14%

    0.08%

    0.05%

    0.04%

    0.02%

    0.02%

    0.02%

    Overseas
    managed
    investments

    0.05%

    0.07%

    0.05%

    0.05%

    0.05%

    0.07%

    0.07%

    0.10%

    0.15%

    Other
    overseas
    assets

    0.41%

    0.57%

    0.43%

    0.35%

    0.32%

    0.34%

    0.38%

    0.42%

    0.79%

    Total

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    Asset value ranges of funds

    2013

    $1-
    $50k

    >$50-
    $100k

    >$100-
    $200k

    >$200-
    $500k

    >$500k
    -$1m

    >$1-
    $2m

    >$2-
    $5m

    >$5-
    $10m

    >$10m

    Listed
    trusts

    1.63%

    2.08%

    2.75%

    3.65%

    3.99%

    3.83%

    3.44%

    3.13%

    2.33%

    Unlisted
    trusts

    2.28%

    3.97%

    5.41%

    6.12%

    6.69%

    7.76%

    9.31%

    11.99%

    16.03%

    Insurance
    policy

    0.02%

    0.04%

    0.03%

    0.03%

    0.03%

    0.05%

    0.04%

    0.04%

    0.01%

    Other
    managed
    investments

    1.30%

    2.20%

    3.02%

    4.12%

    4.48%

    4.64%

    4.54%

    4.48%

    4.45%

    Cash
    and term
    deposits

    55.41%

    51.34%

    48.84%

    37.17%

    33.16%

    31.21%

    27.84%

    24.04%

    20.00%

    Debt
    securities

    0.13%

    0.18%

    0.29%

    0.51%

    0.76%

    0.96%

    1.08%

    1.29%

    1.56%

    Loans

    1.79%

    2.02%

    1.43%

    0.74%

    0.53%

    0.55%

    0.60%

    0.84%

    1.71%

    Listed
    shares

    21.70%

    23.40%

    24.14%

    26.38%

    28.21%

    29.88%

    30.74%

    31.03%

    28.75%

    Unlisted
    shares

    1.93%

    2.24%

    1.68%

    1.03%

    0.84%

    0.86%

    1.01%

    1.44%

    2.35%

    Limited recourse borrowing arrangements

    0.12%

    0.31%

    0.68%

    3.32%

    2.77%

    1.48%

    1.13%

    1.38%

    3.11%

    Non
    residential
    real property

    0.88%

    1.71%

    3.68%

    8.13%

    10.31%

    11.74%

    13.56%

    13.86%

    12.48%

    Residential
    real property

    0.70%

    1.21%

    1.88%

    4.78%

    4.96%

    3.88%

    3.26%

    2.28%

    1.59%

    Collectables and personal use assets

    0.55%

    0.69%

    0.41%

    0.19%

    0.12%

    0.08%

    0.07%

    0.07%

    0.05%

    Other
    assets

    10.49%

    7.20%

    4.68%

    2.99%

    2.44%

    2.34%

    2.46%

    2.80%

    3.44%

    Overseas
    shares

    0.44%

    0.42%

    0.35%

    0.31%

    0.27%

    0.29%

    0.39%

    0.61%

    1.13%

    Overseas
    non-
    residential
    real property

    0.04%

    0.09%

    0.04%

    0.03%

    0.01%

    0.01%

    0.02%

    0.02%

    0.09%

    Overseas residential real property

    0.11%

    0.26%

    0.23%

    0.10%

    0.05%

    0.04%

    0.02%

    0.01%

    0.02%

    Overseas
    managed
    investments

    0.03%

    0.05%

    0.05%

    0.04%

    0.05%

    0.07%

    0.08%

    0.14%

    0.19%

    Other
    overseas
    assets

    0.46%

    0.57%

    0.42%

    0.35%

    0.31%

    0.34%

    0.41%

    0.54%

    0.74%

    Total

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    Asset value ranges of funds

    2014

    $1-
    $50k

    >$50-
    $100k

    >$100-
    $200k

    >$200-
    $500k

    >$500k
    -$1m

    >$1-
    $2m

    >$2-
    $5m

    >$5-
    $10m

    >$10m

    Listed
    trusts

    1.61%

    2.02%

    2.58%

    3.72%

    4.13%

    4.21%

    3.96%

    3.64%

    2.69%

    Unlisted
    trusts

    2.22%

    4.00%

    5.44%

    6.00%

    6.65%

    7.72%

    9.05%

    11.37%

    14.62%

    Insurance
    policy

    0.01%

    0.03%

    0.03%

    0.02%

    0.02%

    0.04%

    0.04%

    0.03%

    0.01%

    Other
    managed
    investments

    1.24%

    1.89%

    2.76%

    4.00%

    4.62%

    4.86%

    4.87%

    4.89%

    4.72%

    Cash
    and term
    deposits

    56.52%

    52.33%

    49.23%

    35.61%

    31.03%

    29.06%

    25.66%

    21.70%

    16.79%

    Debt
    securities

    0.12%

    0.18%

    0.29%

    0.57%

    0.87%

    1.13%

    1.36%

    1.58%

    1.85%

    Loans

    1.44%

    1.67%

    1.21%

    0.58%

    0.43%

    0.46%

    0.51%

    0.78%

    1.74%

    Listed
    shares

    20.61%

    22.50%

    23.93%

    26.52%

    29.21%

    32.05%

    33.50%

    34.34%

    33.20%

    Unlisted
    shares

    1.95%

    2.21%

    1.73%

    0.93%

    0.69%

    0.71%

    0.92%

    1.27%

    2.26%

    Limited recourse borrowing arrangements

    0.35%

    0.77%

    1.25%

    5.36%

    4.47%

    2.25%

    1.59%

    1.91%

    4.03%

    Non
    residential
    real property

    0.99%

    1.85%

    3.60%

    7.95%

    9.69%

    10.68%

    12.14%

    12.37%

    11.15%

    Residential
    real property

    1.18%

    1.53%

    2.05%

    5.02%

    5.18%

    3.87%

    3.14%

    2.29%

    1.31%

    Collectables and personal use assets

    0.59%

    0.49%

    0.33%

    0.14%

    0.08%

    0.06%

    0.05%

    0.05%

    0.04%

    Other
    assets

    10.07%

    7.19%

    4.57%

    2.86%

    2.32%

    2.26%

    2.40%

    2.66%

    3.48%

    Overseas
    shares

    0.35%

    0.31%

    0.27%

    0.21%

    0.18%

    0.20%

    0.31%

    0.44%

    0.87%

    Overseas
    non-
    residential
    real property

    0.08%

    0.05%

    0.05%

    0.02%

    0.02%

    0.01%

    0.01%

    0.03%

    0.07%

    Overseas residential real property

    0.19%

    0.26%

    0.23%

    0.10%

    0.05%

    0.04%

    0.02%

    0.02%

    0.01%

    Overseas
    managed
    investments

    0.06%

    0.06%

    0.04%

    0.05%

    0.06%

    0.06%

    0.08%

    0.14%

    0.28%

    Other
    overseas
    assets

    0.41%

    0.67%

    0.42%

    0.33%

    0.30%

    0.33%

    0.40%

    0.50%

    0.89%

    Total

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    100%

    Membership sizes table

    This table contains an approximate distribution of the number of members in SMSFs as at the end of each financial year for the 2011 through to the 2014 years. These figures are based on SMSF annual return data.

    The data was extracted on 8 July 2015.

    Proportion of funds (%)

    Number of members

    2010–11

    2011–12

    2012–13

    2013–14

    1

    22.8%

    22.8%

    22.6%

    22.6%

    2

    68.5%

    68.9%

    69.3%

    69.7%

    3

    4.2%

    4.1%

    4.0%

    3.7%

    4

    4.4%

    4.3%

    4.2%

    4.0%

    Demographic table

    This table contains estimates of the proportion of funds, members and assets located across the different states and territories of Australia.

    'State' refers to the state or territory that the fund is administered, not necessarily where the members live.

    These figures are estimates based on SMSF annual return data for the 2011 to 2014 financial years.

    The data was extracted on 8 July 2015.

    Funds

     State

    2010–11

    2011–12

    2012–13

    2013–14

    ACT

    1.8%

    1.8%

    1.8%

    2.0%

    NSW

    31.6%

    31.8%

    31.9%

    32.1%

    NT

    0.2%

    0.2%

    0.2%

    0.2%

    QLD

    16.8%

    16.6%

    16.4%

    16.5%

    SA

    7.1%

    7.2%

    7.2%

    7.1%

    TAS

    1.4%

    1.4%

    1.4%

    1.3%

    VIC

    30.4%

    30.6%

    30.8%

    30.7%

    WA

    10.6%

    10.4%

    10.3%

    10.1%

    Members

     State

    2010–11

    2011–12

    2012–13

    2013–14

    ACT

    1.8%

    1.8%

    1.8%

    2.0%

    NSW

    31.7%

    31.8%

    32.0%

    32.2%

    NT

    0.2%

    0.2%

    0.2%

    0.2%

    QLD

    16.9%

    16.6%

    16.4%

    16.4%

    SA

    7.2%

    7.2%

    7.2%

    7.1%

    TAS

    1.4%

    1.4%

    1.4%

    1.3%

    VIC

    30.3%

    30.6%

    30.8%

    30.7%

    WA

    10.6%

    10.4%

    10.3%

    10.1%

    Assets

     State

    2010–11

    2011–12

    2012–13

    2013–14

    ACT

    1.7%

    1.8%

    1.9%

    1.9%

    NSW

    32.2%

    32.3%

    32.5%

    33.1%

    NT

    0.2%

    0.2%

    0.2%

    0.2%

    QLD

    16.6%

    16.4%

    16.1%

    15.9%

    SA

    7.1%

    7.2%

    7.3%

    7.3%

    TAS

    1.3%

    1.3%

    1.3%

    1.2%

    VIC

    30.6%

    30.8%

    31.1%

    30.9%

    WA

    10.3%

    10.1%

    9.7%

    9.5%

    Member demographic table – age ranges

    This table contains an approximate age distribution of individuals who were members of SMSFs as at the end of June 2015. The data behind this table was extracted on 8 July 2015 and is an estimate based on Australian business register (ABR) data.

    In the table below, '..' indicates the proportion has been rounded to zero, but is not equal to zero.

    Member demographic table - age ranges

    Age ranges

    Male

    Female

    Total

    <25

    0.8%

    0.8%

    0.8%

    25–34

    3.4%

    3.5%

    3.4%

    35–44

    10.6%

    12.0%

    11.3%

    45–54

    20.8%

    23.2%

    21.9%

    55–64

    28.9%

    30.7%

    29.8%

    65–74

    25.1%

    22.8%

    24.0%

    >74

    10.4%

    7.0%

    8.8%

    Unknown

    ..

    ..

    ..

    Total

    100%

    100%

    100%

    All ages

    52.7%

    47.3%

    100%

    Member demographic table – income ranges

    This table contains an approximate distribution of the taxable income of individuals who were SMSF members as at the end of June 2015. The data was extracted on 8 July 2015 and is an estimate based on ABR data and the member’s most recently lodged personal tax return.

    Member demographic table - income ranges

    Income ranges

    Male

    Female

    Total

    $0–$20,000

    19.2%

    26.0%

    22.5%

    >$20,000–$40,000

    16.4%

    21.7%

    18.9%

    >$40,000–$60,000

    11.3%

    13.9%

    12.5%

    >$60,000–$80,000

    10.9%

    11.0%

    11.0%

    >$80,000–$100,000

    8.3%

    7.1%

    7.7%

    >$100,000–$150,000

    11.8%

    7.5%

    9.8%

    >$150,000–$200,000

    7.3%

    4.6%

    6.0%

    >$200,000–$500,000

    8.7%

    3.8%

    6.4%

    >$500,000

    2.9%

    1.0%

    2.0%

    Unknown

    3.2%

    3.5%

    3.3%

    Total

    100%

    100%

    100%

    Total asset range table

    This table shows an approximate distribution of the size of SMSFs as at the end of each financial year, in terms of total assets.

    These figures are estimates based on SMSF annual return data for the 2011 to 2014 financial years.

    The data was extracted on 8 July 2015.

    Total asset range table - proportion of funds (%)

    Asset ranges

    2010–11

    2011–12

    2012–13

    2013–14

    $1–$50,000

    7.2%

    7.4%

    7.2%

    6.2%

    >$50,000–$100,000

    5.9%

    6.0%

    5.4%

    4.4%

    >$100,000–$200,000

    11.5%

    11.6%

    10.8%

    9.7%

    >$200,000–$500,000

    25.2%

    25.5%

    24.8%

    24.1%

    >$500,000–$1m

    22.7%

    22.7%

    23.0%

    23.8%

    >$1m–$2m

    16.7%

    16.3%

    17.2%

    18.4%

    >$2m–$5m

    9.0%

    8.7%

    9.7%

    10.8%

    >$5m–$10m

    1.6%

    1.5%

    1.8%

    2.1%

    >$10m

    0.3%

    0.3%

    0.4%

    0.5%

    Total

    100%

    100%

    100%

    100%

    Average and median assets table ($)

    This table approximates the average and median assets per SMSF member and per SMSF at the end of each financial year.

    These figures are estimates based on SMSF annual return data for the 2011 to 2014 financial years.

    The data was extracted on 8 July 2015.

    Average and media assets table ($)

     Asset values

    2010–11

    2011–12

    2012–13

    2013–14

    Average assets per member

    486,585

    476,993

    513,805

    564,086

    Median assets per member

    283,430

    276,505

    302,808

    338,336

    Average assets per SMSF

    925,323

    905,503

    975,206

    1,066,080

    Median assets per SMSF

    507,999

    495,668

    541,683

    602,629

    Flow of funds table ($m)

    This table shows estimates of the total amount of ‘flows’ into and out of SMSFs during each financial year. It contains totals relating to the following:

    • contributions – member and employer
    • transfers – inward and outward
    • benefits payments
    • operating expenses.

    Changes were made to the 2012–13 SMSF annual return to collect both deductions and non-deductible expenses. The operating expense figures for 2013 onwards incorporates deductible and non-deductible expenses data.

    These figures are estimates based on SMSF annual return data for the 2011 to 2014 financial years.

    The data was extracted on 8 July 2015.

    Flow of funds table ($m)

     

    Contributions ($m)

    Transfers ($m)

    Benefit payments ($m)

    Operating expenses ($m)

    Member contributions

    Employer contributions

    Inward transfers

    Outward transfers

    2010–11

    16,842

    6,978

    15,579

    4,180

    19,198

    2,418

    2011–12

    19,242

    7,521

    16,109

    3,808

    22,719

    2,746

    2012–13

    18,203

    5,486

    16,755

    4,305

    25,847

    4,804

    2013–14

    20,431

    6,102

    15,625

    5,026

    30,662

    5,477

      Last modified: 26 Feb 2016QC 48036