Gemma Dale

I'm well, thanks.

How are you?

So I've actually gone and pulled what I believe is the latest data.

It's quite out of date.

One thing you should always know with super data is it's aggregates.

It comes from all the super funds, but the ASFA data doesn't include self-managed super funds.

So they're quite a sort of separate cohort.

Yeah, that's everybody else.

So these are your default funds.

And let's carve out SMSS, where I will talk to them.

And I'll talk about everything else, all the other super funds.

They're not just default funds.

They're not just the ones you get from your employer.

If you went to a financial advisor, you might have a retail fund.

So lots of different options.

But if I look at them,

actually, it's quite extraordinary.

So they have cut, these are, it's June, 2023 are the numbers, but they've been published at the end of 2025.

So as I said, like they're the most up to date, but they're quite, they've said, assume seven and a half percent on average return.

So you can kind of extrapolate from those numbers if you wish, assuming no kind of dramatic changes.