Annual Integrated Reports and Annual Financial Reports

40 years of making hard work pay off

Cbus has been part of the Australian building and construction, and related sectors for 40 years. The 2024 Annual Integrated Report reflects on our past, how the Fund has evolved, whilst continuing to deliver the best possible retirement outcomes for our members and be the number one specialist super fund in our target sectors.

If you have a look at it now, lots of workers have retired with quite a handsome retirement fund. I'm pleased with that."

Barry Fitton, union official, founding member*

Our performance

In financial year 2024, our Growth (MySuper) investment option delivered 8.35%^{^} and has delivered 8.87% p.a ^{^} since the fund was established 40 years ago, demonstrating our strong long-term performance.

Total members with balance

906,207

As at 30 June 2024

We have realised more than

$1 bn

in investment fee and cost savings since 2017**

Insurance claims

96.8%

Accepted over the last three financial years

^* Source: Oral History of Cbus Published by the National Centre for Australia Studies, Monash University for the Conference of Major Superannuation Funds Pty Ltd, 1996. Quotes are attributed to the contributor to this publication.

^{^} As at 30 June 2024. The Growth (MySuper) investment option return is based on the crediting rate, which is the return minus investment fees and until 31 January 2020, the percentage-based administration fee. Excludes fees and costs that are deducted directly from members’ accounts. The inception date for the Growth (MySuper) investment option is 1 July 1984. Past performance isn’t a reliable indicator of future performance.

^** The cumulative savings are estimated for each financial year from FY18 to FY24. The approach employed is to multiply the annual average size for the Growth option by the reduction in investment fees for each year relative to FY17

Annual Integrated Report 2024

Our members are at the heart of everything we do and the decisions we make are designed to provide them with the best possible retirement.

Read our Report

Our reporting suite

Our Annual Integrated Report forms part of our reporting suite that addresses the needs of our diverse stakeholders. Our online supplements provide more detailed information on Responsible Investment, Financial Performance, Governance, Stakeholder Engagement and Cbus Property’s approach to sustainability.

40 years of creating value for members

At Cbus, our members are our primary stakeholders, and we create value for them by delivering strong investment returns, tailored insurance, education, advice, and support services. We work with sponsoring organisations, unions, employers and regulators who also have an aligned interest in ensuring our members are looked after.

This is the 10th year we have prepared our Annual Integrated Report in accordance with the International Financial Reporting Standards (IFRS) Foundation’s Integrated Reporting Framework. The report communicates how our strategy, governance and prospects create value for our members and other stakeholders. The Report reflects our commitment to operating with integrity and transparency.

Since 2013, Cbus has been part of the Global Pension Network for Integrated Reporting ensuring our reporting framework articulates strategy and drives performance.

Cbus has voluntarily signed up to the Tax Transparency Code which is a set of principles and minimum standards developed by the Board of Taxation. This aligns with our approach to transparency and Responsible Investment.

Annual Member Meeting

View details of our Annual Members' Meeting

Modern Slavery Statement

The Modern Slavery Statement explains the work undertaken by Cbus Super and Cbus Property throughout the year in assessing, identifying and mitigating modern slavery risk in our operations, investments, and supply chains.

View Modern Slavery Statement 2024 (PDF)

Previous reports

Modern Slavery Statement 2023 (PDF)

Modern Slavery Statement 2022 (PDF)

Modern Slavery Statement 2021 (PDF)

Modern Slavery Statement 2020 (PDF)

Tax Transparency Reports

Tax Transparency Report FY2023 (PDF)

Tax Transparency Report FY2022 (PDF)

Tax Transparency Report FY2021 (PDF)

Tax Transparency Report FY2020 (PDF)

Tax Transparency Report FY2019 (PDF)