Superannuation balances vary across Australian states and territories, reflecting differences in average incomes, industry composition, workforce participation rates, and demographic profiles. States with higher concentrations of high-income industries such as mining and finance tend to have higher average superannuation balances.
Western Australia has historically shown higher average superannuation balances due to the concentration of high-paying mining and resources sector employment. The Northern Territory shows lower average balances reflecting lower average incomes and a younger demographic profile.
APRA Annual Superannuation Statistics provide state-level breakdowns of member balances and contribution flows, showing the geographic distribution of superannuation wealth across Australia.
Interstate differences in superannuation balances also reflect differences in female workforce participation rates, the prevalence of part-time employment, and the age structure of the workforce.
Data sourced from APRA Annual Superannuation Statistics state-level tables. Updated annually.