The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance publication report for the December 2025 quarter.
Key statistics for the superannuation industry as at 31 December 2025:
| - | December 2024 |
December 2025 |
Change |
|---|---|---|---|
| Total superannuation assets | $4,150.8 billion |
$4,485.5 billion |
+8.1% |
| Total APRA-regulated assets | $2,916.6 billion |
$3,181.4 billion |
+9.1% |
| Total self-managed super fund assets | $1,001.7 billion |
$1,061.4 billion |
+6.0% |
| Exempt public sector superannuation schemes assets | $175.2 billion |
$182.1 billion |
+3.9% |
| Balance of life office statutory fund assets | $57.3 billion |
$60.6 billion |
+5.8% |
Total superannuation assets increased by 0.8 per cent over the quarter to $4.5 trillion as at December 2025, of which $3.2 trillion was in APRA-regulated funds. Total contributions increased by 11.5 per cent to $220.8 billion in the year ending in December 2025. Employer contributions increased by 8.6 per cent over the year to $156.3 billion. Member contributions increased by 19.2 per cent over the year to $64.5 billion.
Benefit payments increased by 12.5 per cent to $139.9 billion in the year ending in December 2025. This increase was the result of lump sum payments rising by 13.8 per cent to $77.6 billion and pension payments increasing by 10.8 per cent to $62.3 billion.
Key statistics for entities with more than six members for the year to December 2025:
| - | December 2024 |
December 2025 |
Change |
|---|---|---|---|
| Total contributions | $198.1 billion |
$220.8 billion |
+11.5% |
| Total benefit payments | $124.4 billion |
$139.9 billion |
+12.5% |
| Net contribution flows* | $68.1 billion |
$72.2 billion |
+6.1% |
*Net contribution flows comprise of contributions plus net benefit transfers, less benefit payments
Copies of the publication are available on APRA's website at: Quarterly superannuation statistics