Industry fund
BUSSQ
BUSSQ focuses on the building and construction industries. Its insurance is designed to accommodate high-risk jobs, including eligible casuals and contractors.
THE OVERVIEW
About BUSSQ
BUSSQ is the Building Unions Superannuation Scheme in Queensland. Its product offering covers accumulation and retirement income, with member services directed at construction work.
Who can join
The fund also provides cover for white-collar workers. Check the product's joining rules and the insurance eligibility rules for the job you actually do.
THE SUPERGURU VIEW
Our take
A relevant fund to examine for construction workers who need to check whether another insurer excludes or limits their occupation.
Based on the cited product features. These are general reasons to investigate the fund, not a personal recommendation. Supporting sources.
THE NUMBERS
Fees and investment returns
Use the product, investment option and employer plan on your statement. Lifecycle members need to choose the relevant stage. APRA's investment pathways may include closed options held by existing members.
| Measure | MySuper |
|---|---|
| Return basis | MySuper net return after administration costs, $50,000 representative member |
| 3-year return, per year | 7.41% |
| 5-year return, per year | 5.02% |
| 7-year return, per year | 6.24% |
| 10-year return, per year | 6.66% |
| APRA strategic growth allocation | 69.77% |
| Reported total fees, net of tax, at $50,000 | $470 a year (0.94%) |
| Administration and advice costs, net of tax (included in total) | $95 a year |
| 2026 performance test | Fail |
| New-member status at reporting date | Check the current product eligibility rules |
Source: APRA Comprehensive Product Performance Package 2026, published 28 August 2026. Fees reflect the reporting year to 30 June 2026, are net of tax, use standard arrangements and exclude member-activity fees. Dollar figures are rounded. They are not a current quote. Check the latest PDS for changes, insurance premiums and any separately charged advice.
Returns are annualised historical results. Different return bases, risk levels and periods cannot be treated as interchangeable. MySuper net returns use a $50,000 representative balance even when you change the fee balance. A lifecycle stage return does not track a person moving between stages. Missing figures mean not reported, not zero. Past returns do not predict future returns. Read our method and APRA's definitions.
A CLOSER LOOK
Inside BUSSQ
Accounts and products
BUSSQ Super and Income accounts, with existing term allocated pensions.
Investment choices
The fund offers a diversified Balanced Growth portfolio and other investment choices under its Foundation + Flex approach. The menu changed in 2026, including a new Bonds option.
Insurance
Death, TPD and income protection cover are available. BUSSQ says casuals and contractors can access its insurance options when they meet minimum-hours conditions.
Retirement income
Income accounts and transition-to-retirement arrangements have separate investment and fee information. Existing term allocated pensions should be compared under their own rules.
Advice and support
Personal advice about BUSSQ insurance, investment choice, contributions and retirement is included in administration fees. The scope is limited to BUSSQ products.
Fee details to check
The current page lists a balance-based administration fee, capped annually, plus investment and transaction costs that depend on the option. Include any insurance charge separately.
Comparing investment performance
BUSSQ's published long-run headline uses Balanced Growth and includes specified administration deductions. Match those deductions before comparing it with another fund's investment-only return.
Features worth considering
Insurance designed with construction occupations in mind.
Product-specific personal advice included in administration costs.
THE LEGAL FUND
Fund size in APRA's annual reporting
Building Unions Superannuation Scheme (Queensland)
At 30 June 2025. These are legal-fund totals, which can include several products and more than one account per person.
APRA annual fund-level statistics, June 2025. These older totals can differ substantially after mergers. Size is not a measure of suitability or investment quality.
Sources for BUSSQ
Checked 2026-09-11. Documents and product terms can change after this date.