A record of the meeting is now available
At this year’s meeting, an update on your fund included:
- How your super’s performed over the last year
- How we’re investing your super for the long term
- Our strategy to face challenges and grow
The Annual Member Meeting took place on Monday 27 November 2023 at 6pm AEDT
Additional information
Alongside your invitation to the meeting, we are required under superannuation regulations to provide the following additional information.
Summary of payments made by the fund
The following table provides a summary of remuneration and certain payments made by the fund from 1 July 2022 to 30 June 2023.
| Expense category | Amount |
|---|---|
| Aggregate remuneration expenditure | $2,949,309 |
| Aggregate promotion, marketing and sponsorship expenditure | $26,439,668 |
| Aggregate political donations | $0 |
| Aggregate industrial body payments | $2,959,662 |
| Aggregate related party payments |
$12,135,107 |
Note that the aggregate industrial body payments and related party payments differ non-materially to the totals published in the Annual Members’ Meeting Notice due to finalisation of our financial records.
Some payments are required by superannuation regulations to be disclosed in more than one category. More information about each category is listed below.
Remuneration
Remuneration includes the salary for the CEO, as well as fees for directors. More detail is available on our website and in our Annual Integrated Report.
Promotion, marketing and sponsorship
Promotion, marketing and sponsorship includes expenses where a purpose of each payment was to promote or market Cbus Super or relates to our sponsorship and partnership arrangements. This helps to grow our fund and increase scale, which means lower fees for members.
Donations to political organisations
Cbus Super does not make political donations.
Payments to industrial bodies
Payments to industry bodies includes partnership arrangements – which may include advertising, marketing and education services – to help grow our fund. More detail is available in our Annual Integrated Report.
Payments to related parties
Payments to related parties includes payments made to related entities for business operations, or for services from an organisation in which we also invest, or when a director is an employee or a director of an organisation which provides services to us. Payments also include promotional and marketing services, directors’ fees and board committee fees. More detail on payments to related parties is available in our Annual Integrated Report.
Please note: further information about the expenses in the above table including: promotional, marketing or sponsorship expenditure; payments to industry bodies and related party payments will be made available on this page from early November 2023.
Past Annual Members' Meetings
Also available
Explore a range of information below: