The typical Australian SMSF spends around $4,628 a year on administration and operating costs (ATO). Steer starts at $899 one-off setup plus $137 a month, and our Complex tier tops out at $3,950 a year — with no mandated bank, no broker tie-in and no commissions behind the scenes.
Paid once, when your fund is established. Your monthly tier fee starts after that.
All-inclusive: trust deed, ATO registrations (ABN, TFN, ESA), member documents and e-signing.
Costs more because it includes registering a special-purpose company (including ASIC registration fees), the corporate trustee deed and the extra documentation. ASIC also charges an annual review fee each year, which you pay directly.
Setup from $899 one-off + from $1,650/yr, billed monthly.
Establishment fees do not include any state or territory stamp duty that may apply to your SMSF trust deed. Most states currently exempt SMSF trust deeds from duty, but nominal duty and/or a stamping requirement may still apply in some jurisdictions (including Tasmania and the Northern Territory), and separate duty may apply to related documents such as a bare/holding trust deed for a limited recourse borrowing arrangement (particularly in NSW and Victoria). Where applicable, Steer will arrange stamping on your behalf and any state duty payable will be charged at cost, in addition to the establishment fee. Duty rates, exemptions and time limits vary by state and change from time to time — we'll confirm anything applicable to your fund before you commit.
A simple fund, done properly.
$1,650 – $1,950 per year · paid by monthly direct debit
Where most funds land.
$2,400 – $2,900 per year · paid by monthly direct debit
For funds with real moving parts.
$3,400 – $3,950 per year · paid by monthly direct debit
No exit fee, no wind-up fee, and full data portability if you ever leave.
We take nothing from banks, brokers or platforms. Our fee is our only revenue.
Fixed monthly fee with published add-on prices, and the audit billed only once it's done.
A named contact behind every fund, reachable through fast, direct chat support — not a portal and a ticket queue.
Your tier price is split into 12 equal monthly direct debits across the year. No lump sum, no anniversary billing surprise, and the amount never changes mid-year.
Your fund's audit is done by an independent auditor, so their fee is charged separately and only once the audit is finished. It's never bundled into your monthly payment or collected in advance.
If a direct debit is ever returned, you get a short grace period and a plain-English reminder — not an instant late fee.
You'll never discover a charge on an invoice. Here's the full list.
Set up your fund online, pay a fixed amount each month, and never be billed for work that hasn't happened.
Establish your SMSF