News
Labourforce is hiring
27 March 2020
Labourforce is looking for any Heavy Rigid, Heavy Combined, and Multi-Combined Drivers around Australia.
COVID-19: Your super and available assistance
23 March 2020
We are aware that many members will be affected by COVID-19 in the coming weeks and months and that, for some, the pandemic will mean a loss of income and financial hardship. TWUSUPER will keep you updated about the details about COVID-19 and your super.
Market volatility and COVID-19
20 March 2020
We are aware that members may be concerned about the impact the coronavirus virus (COVID-19) is having on the Australian and overseas sharemarkets. Here is a summary of what we know so far.
Update: Individuals and businesses affected by bushfires
21 January 2020
TWUSUPER extends its sympathies to the many Australians currently impacted by the bushfires around the country.
We have updated information on help available to businesses and individuals affected by the bushfires, including:
- help available for business
- hardship options from financial institutions
- bushfire support resources
Bushfire assistance
9 January 2019
If you're affected by bushfires in NSW, Vic, SA or Qld, there may be options available to you within super. The Dept. of Human Services also provides information on possible bushfire relief.
Aggressive sales tactics over the phone
6 December 2019
We have become aware that some members have received unwelcome phone calls from salespeople.
These salespeople are employing aggressive sales tactics to encourage you to roll your super from TWUSUPER to another super fund – often without giving you enough time to properly think things through.
Putting Members' Interests First
26 November 2019
The Putting Members' Interests First (PMIF) legislation applies from 1 April 2020. This means that members with a balance under $6,000 may lose their insurance cover on 1 April 2020 if they don't tell TWUSUPER they want to keep it.
From 1 April 2020, default basic cover may not be automatically added to a member account if they're under age 25 and/or have less than $6,000 in their account. However, these members can still request that insurance be applied to their accounts if they want it.
Could you benefit from the Work Test Exemption?
19 June 2019
From 1 July 2019, you can contribute to your super between age 65 and 74 if you satisfied the Work Test last financial year. This is known as the Work Test Exemption (WTE). The WTE can only be used for one financial year, which means it can't be used to contribute to different funds in different years.
Federal Budget 2019
4 April 2019
For an overview and a more in-depth look at what this year's Federal Budget looks like for you, head to our dedicated Federal Budget website.