Commonwealth Superannuation Corporation Annual Report 2023-24

Annual report 2023-24 · Commonwealth Superannuation Corporation (CSC) · Commonwealth · Published 4 May 2025

Total expenses: $172.8 million
Ongoing staff: 527

Official source

Transparency Portal data for this report (JSON)

transparency.gov.au

Published headline figures

Income statement extract

Total expenses: $172.8 million (172,842 in $'000)
Employee benefits: $89.7 million (89,734 in $'000)
Suppliers: $74 million (73,991 in $'000)
Revenue from government: $0 (0 in $'000)
Own-source income: $169.7 million (169,676 in $'000)

Income statement table on the Transparency Portal (JSON)

Staff

Ongoing staff: 527 people
Ongoing staff table on the Transparency Portal (JSON)

Staff numbers are headcounts as published in the all ongoing and all non-ongoing employee tables, not full-time equivalents.

Published disclosure tables 3

Information about remuneration for key management personnel19 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal: Information about remuneration for key management personnel · Licence entity-copyright

Key management personnel remuneration is reported on an accrual basis for the period each person held the role, so part-year amounts are not annual salaries.

Name	Position	Base salary	Bonuses	Other benefits	Superannuation	Long service leave	Total
Ariane Barker	Director	71,990	0	0	7,929	0	79,919
Juliet Brown	Director	82,900	0	0	9,130	0	92,030
Melissa Donnelly	Director	80,720	0	0	12,431	0	93,151
Lee Goddard	Director	79,140	0	0	8,715	0	87,855
Andrea Hall	Director	87,260	0	0	9,611	0	96,871
Jacqueline Hey	Director	71,990	0	0	7,929	0	79,919
Garry Hounsell	Chair	150,490	0	0	16,574	0	167,064
David Mulhall	Director	86,516	0	0	9,528	0	96,044
Alistair Waters	Director	71,990	0	0	11,086	0	83,076
Paul Abraham	Executive Manager, Investment Operations	308,608	72,963	0	27,568	7,606	416,745
Catharina Armitage	Executive Manager, People	331,220	71,858	0	27,568	11,001	441,647
Robert Firth	Chief Risk Officer	345,883	82,285	0	27,568	10,292	466,028
Philip George	Executive Manager, Transformation	367,254	71,879	0	6,806	10,393	456,332
Damian Hill	Chief Executive Officer	842,458	159,161	81,224	27,568	19,622	1,130,033
Andrew Matuszczak	Chief Transformation and Information Officer	459,703	96,984	0	27,568	12,221	596,476
Adam Nettheim	Chief Customer Officer	400,341	80,303	0	27,568	9,399	517,611
Alana Scheiffers	General Counsel	376,710	79,289	0	27,568	9,027	492,594
Alison Tarditi	Chief Investment Officer	824,816	627,484	130,860	27,568	21,066	1,631,794
Andy Young	Chief Operating Officer	469,561	104,271	0	27,568	13,366	614,766

Information about remuneration for senior executives8 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal: Information about remuneration for senior executives · Licence entity-copyright

Senior executive and other highly paid staff rows are bands with a count and averages, not individuals. Never multiply or add averages across bands, bodies or years.

Pay band	People	Average base salary	Average bonuses	Average other benefits	Average superannuation	Average long service leave	Average total
395001 - 420000	1	308,608	72,963	0	27,568	7,606	416,745
420001 - 445000	1	331,220	71,858	0	27,568	11,001	441,647
445001 - 470000	2	356,569	77,082	0	17,187	10,343	461,180
470001 - 495000	1	376,710	79,289	0	27,568	9,027	492,594
495001 - 520000	1	400,341	80,303	0	27,568	9,399	517,611
595001 - 620000	2	464,632	100,628	0	27,568	12,794	605,621
1120001 - 1145000	1	842,458	159,161	81,224	27,568	19,622	1,130,033
1620001 - 1645000	1	824,816	627,484	130,860	27,568	21,066	1,631,794

Information about remuneration for other highly paid staff15 rows · Unit: dollars; band averages are per person in the band

Source table on the Transparency Portal: Information about remuneration for other highly paid staff · Licence entity-copyright

Senior executive and other highly paid staff rows are bands with a count and averages, not individuals. Never multiply or add averages across bands, bodies or years.

Pay band	People	Average base salary	Average bonuses	Average other benefits	Average superannuation	Average long service leave	Average termination	Average total
250000 - 270000	12	201,388	19,951	0	27,242	7,303	4,188	Not stated
270001 - 295000	7	223,691	24,614	0	32,358	6,122	0	Not stated
295001 - 320000	4	249,217	25,692	0	27,729	3,246	0	Not stated
320001 - 345000	4	255,760	32,803	963	32,315	13,544	0	Not stated
345001 - 370000	3	224,685	84,130	0	31,660	7,352	0	Not stated
370001 - 395000	1	276,658	44,619	0	48,955	7,635	0	Not stated
420001 - 445000	1	312,110	73,008	0	27,150	8,799	0	Not stated
445001 - 470000	2	369,999	54,743	0	27,568	8,314	0	Not stated
495001 - 520000	2	265,444	199,325	0	28,397	10,576	0	Not stated
520001 - 545000	1	290,773	209,040	0	27,568	11,312	0	Not stated
570001 - 595000	4	303,870	233,115	0	38,391	7,601	0	Not stated
620001 - 645000	1	331,742	260,707	0	27,568	8,800	0	Not stated
670001 - 695000	2	385,925	268,000	0	27,568	11,410	0	Not stated
695001 - 720000	1	371,220	288,000	0	27,568	9,424	0	Not stated
845001 - 870000	2	466,178	357,120	0	27,568	6,830	0	Not stated