Your Qantas Super
Qantas Super was established in 1939 to look after staff and their families through their time at Qantas and beyond. We’ve been delivering on this commitment for 80 years.
Annual Member Meeting
2023/24
Our 2023/24 Annual Member Meeting (AMM) was held on 4 December 2024. The AMM is a chance for you to hear from our Board and Leadership Team, and ask them any questions you may have about Qantas Super.
Meeting speakers and agenda
The AMM was held at 3.30pm at the Holiday Inn Mascot (Opposite Qantas Head Office – Corner of O’Riordan Street & Bourke Road, Mascot NSW 2020). Here’s an outline of our AMM agenda:
- John Atkin, Chair of the Board: Welcome and overview of 2023/24
- Michael Clancy, Chief Executive Officer: Highlights of 2023/24
- Andrew Spence, Chief Investment Officer: Investments update
- Klair Safier, Director: A focus on Member Experience
- Lorraine Berends, Director and Chair of Merger Committee: An update on the merger with Australian Retirement Trust
- Panel: Question and answer session
Couldn't make it?
If you couldn’t make it, you can catch a recording of the event below:
You can also listen to the audio:
The minutes of the meeting are available here.
Catch up on the year that was
You can get up to speed with Qantas Super’s 2023/24 year by reading:
- Our most recent Fund Information Report (previously known as our Annual Report)
- Our 2023/24 Annual Report (previously known as Financial Statements), which includes the Auditors’ Report, the Directors’ Report and details of the remuneration of our Directors and Executive Officers
- Our most recent Member Outcomes Assessment Determination
- Our register of significant and material change notices
You can also find your Annual Statement for the 2023/24 financial year by logging into your account online.
Additional information
The following information is provided in accordance with paragraph 29P(3)(b) of the Superannuation Industry (Supervision) (SIS) Act 1993 and regulation 2.10 of the SIS Regulations 1994 (the Regulations), which requires that certain information must be included with the notice of our AMM.
Short-form expenditure summary for the 2023/24 financial year
| Expense category | Total ($) |
|---|---|
| Aggregate remuneration expenditure | $2,823,591 |
| Aggregate political donations | Nil |
| Aggregate promotion, marketing, or sponsorship expenditure | $51,243 |
| Aggregate industrial body payments | Nil |
| Aggregate related party payments | $328,369 |
More information on the short-form expenditure summary for the 2023/24 financial year
Please note: The expenditure disclosed in each expense category is not mutually exclusive. That is, payments to some entities are included in multiple categories as required by Superannuation Industry (Supervision) (SIS) Act section 29P(3), and SIS Regulation 2.10. This means that total expenditure can be overstated.
- Remuneration expenditure: Remuneration expenditure includes the remuneration for our Key Management Personnel and Directors.
- Political donations: Qantas Super does not make political donations.
- Promotion, marketing, or sponsorship: This expenditure goes towards helping to grow Qantas Super and educate our members. This type of spend may include design, production, and distribution of educational materials, as well as the running of educational events and targeted sponsorships.
- Industrial body payments: Any payments made to industry bodies registered under the Fair Work (Registered Organisations) Act 2009 must be disclosed.
- Related party payments: The Trustee contracts with Qantas Airways Limited, a related party, for office accommodation, use of office equipment, technology, and certain administrative services, which are provided on an arms-length basis.
You can find detailed information about remuneration in our 2023/24 Annual Report (previously known as the Financial Statements), and detailed breakdowns of the expenditure within each of the other categories here.
We're here to help
If you want to learn more or need help with making a decision about your super, you can get simple advice over the phone or face to face. It’s included as a part of your membership so there’s no extra cost.