Retirees pour $110m into super after selling family home

Australians downsizing have topped up their super with a combined $109.6m in the past financial year according to stats from one fund. Older Australians are cashing in their family home for a bigger retirement budget, topping $100m with one major super fund for the first time. Australia’s sixth biggest fund, HESTA, has announced a whopping $109.6m in downsizers making up to $300,000 bonus contributions to their accounts in the past financial year, increasing 25 per cent from the $87.6m record set a year prior. Most of the uptick came from the nation’s east coast, with Victorians leading the charge and accounting for $38.4m of the bonus payments — up by 70 per cent compared to 2025. RELATED: Aussies tap super amid $20k deposit gap ‘That s**t stops’: Block row explodes overnight HESTA data reveals almost $95m downsizer scheme payday in 2025 The New South Welsh were next, recording a $37m boost to their retirement budgets that was a 41 per cent surge from the year prior. HESTA is Australia’s sixth largest super fund in terms of member numbers, and chief strategy officer Sam Harris said the increases showed it was becoming a more common part of how Australians planned for retirement. D...