A very good year: Aussies pocketed $520 billion in record super surge

The booming return from investment markets meant that Australian super fund members had earned an average $39,000 last financial year, according to Rainmaker Information.

Cost of super falls but Australians still paid $29 billion in fees last year

Australians paid fees to superannnuation funds of $29 billion last financial year, or about $2400 each, according to a report from financial services data firm Rainmaker.