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Average Collected Balance: For business Accounts, the Average Collected Balance is calculated by adding the Collected Balance in the Account for each day of the period (monthly or other applicable period) and dividing that figure by the total number of days in that period.
Australian Bureau of Statistics (ABS) statistics suggest that between the ages of 15 and 39, average male aggregate personal super balances are around 40 per cent higher than female ones. By the mid-50s, average male aggregate personal balances are double those of women in the same age group.MSFs make up 31 per cent of total super assets ($1.3 trillion) 3 and generally have higher member balances than large funds. ATO data indicate that the average super balance per SMSF is $888,433.