Members
At AUST(Q), our members are our focus. Our goal is for continual improvement and cost-effective improvement of member services to ensure we cater effectively and responsively to your needs.
Our members are from a diverse range of industries, including engineering maintenance, servicing, labour hire and major construction projects. Members are also covered from all divisions
of these industry businesses, such as administration, workshop and on-site employees.
Our diverse mix of members and employers enjoy both hassle-free superannuation as well as long-term investment and retirement benefits.
AUST(Q) is a Industry Super Fund and is run only to benefit members, which means all profits are returned to you.
AUST(Q) has a low administration cost of $1.75 per week (plus the investment management fee).
There is no commission or fees paid to sales staff.
Death and Income Protection Cover is automatic when you join AUST(Q). The default level of cover is up to a maximum of $100,000 for Death cover and up to 90% of your income for a maximum of 2 years for income protection. Your death cover can be increased by up to 3 additional units. AUST(Q) also offers Total and Permanent Disablement Cover of a maximum of $30,000 as an optional benefit.
AUST(Q) has consistently strong returns although past performance is not an indicator of future performance.
Accessing your Super Illegally
During difficult financial times it might be tempting to access your superannuation savings early. However unless you meet strict conditions it is illegal and can cost you more than you think.
The ATO is concerned about the number of illegal schemes being promoted that offer people access to their super savings early. Visit the ATO website to find out more.