Who we are
We’re a proud Industry Super Fund, representing those who help shape Australia.
We’re a proud Industry Super Fund, representing those who help shape Australia.
In 1984, eight years before super became compulsory, Cbus Super, or as it was known then, the Building Unions Superannuation Scheme, was established.
Created by workers for workers, this new entity was to assist in giving a decent standard of living in retirement. Founding members concluded that if public servants had superannuation, why couldn't they?
39 years on, Cbus is one of Australia's top performing superannuation funds. With more than 910,000 members and managing over $85 billion of their money (as of 30 June 2023).
We proudly represent those who help shape Australia, no matter the industry. Hard-working individuals who deserve to make the most of their retirement. Our Growth (MySuper) investment option has delivered an average annual return of 8.89%1.
Cbus is unique in that we invest back into the industries that our members work in through our wholly-owned entity, Cbus Property2. We create jobs for our members and new business opportunities for our employers. Two recent examples are major renewable projects, Bright Energy Investments and Star of the South, Australia’s most progressed offshore wind project.
And we work with government, employer groups and unions, always striving for the best possible member outcomes. Our board reflects our members’ and employer interests, sourced from unions and employer associations. These are:
ACTU – Australian Council of Trades Unions | CEPU – Communications Electrical Electronic Energy Information Postal Plumbing and Allied Services Union of Australia |
AMWU – Australian Manufacturing Workers Union |
CFMEU – Construction, Forestry, Maritime, Mining and Energy Union |
AWU – Australian Workers Union |
MBA – Master Builders Association |
The super industry is experiencing rapid change led by legislation, Your Future, Your Super. And while Cbus is in a robust position, we must continue to grow to remain competitive and look after our members' needs.
We are extending our reach to new members outside the building and construction industry yet still focussing on sectors performing physical labour.
Just like when we started way back, everything we do is for the tireless people that make Cbus the thriving fund it is. After all, we help our members' hard work pay off in their retirement.
1 Since inception to 30 June 2023. Investment performance is based on the crediting rate, which is the return minus investment fees, taxes, and until 31 January 2020, the percentage-based administration fee. Excludes fees and costs that are deducted directly from members’ accounts. Past performance is not a reliable indicator of future performance.
2 Cbus Property Pty Ltd is a wholly-owned entity of Cbus Super and is responsible for the development and management of a portfolio of Cbus Super’s property investments.
3 Our default Growth (MySuper) option obtained a top quartile performance ranking over 5, 7, 10, 15 and 20 years from the SuperRatings FCRS SR50 Balanced (60-76) Index Survey, for the period ending 30 June 2023. Past performance is not a reliable indicator of future performance.