Employer guide by yaofenjin

VIEWS: 16 PAGES: 48

									Everything you need to know
to help you help your staff
Product Disclosure Statement
Application form included
1 June 2011
Issued by Host-Plus Pty Limited ABN 79 008 634 704,
AFSL No. 244392 as trustee for the HOSTPLUS Superannuation Fund
ABN 68 657 495 890.




                                                                  Employer guide
The purpose of this guide
As an employer, you have to select a complying super fund into which you
may pay your compulsory super contributions if an eligible employee doesn’t
nominate an alternative fund. This Employer Product Disclosure Statement
(guide) explains your super obligations and HOSTPLUS in more detail. And
it includes a simple application form you can use to select HOSTPLUS as
your employer fund.
This guide was prepared by the trustee and issued on 1 June 2011.
Address:   Level 9, 114 William Street Melbourne, VIC 3000
Phone:     (03) 8636 7777            Fax:    (03) 8636 7799
Visit:     hostplus.com.au           Email: info@mail.hostplus.com.au
Mail:      Locked Bag 3,
           Carlton South, VIC 3053.
Important things to know
This guide provides employers with an overview of the HOSTPLUS
Superannuation Fund (HOSTPLUS). It is the fund’s Product Disclosure
Statement for employers who are considering becoming a HOSTPLUS
participating employer.
To become a participating employer, please complete and submit
the application form included with this guide.
Once you are a registered HOSTPLUS employer you’ll be able to make
contributions on behalf of your employees who join HOSTPLUS.
In this guide, ‘the fund’ refers to HOSTPLUS.
The offer made in this guide is only available to employers receiving it
within Australia. Applications made from outside Australia will not be
accepted. An electronic version of this guide may be accessed via
hostplus.com.au which contains all updated information. If you are
printing an electronic version of this guide you must print all pages
including the application form. If you make this guide available to
another employer, you must give them the entire document including the
application form. Further copies of this guide are available by calling
1300 HOSTPLUS (1300 467 875), between 8am – 8pm, Monday to Friday.
HOSTPLUS does not recommend that anyone make decisions concerning
superannuation arrangements based solely on the information in this
guide. This information is of a general nature. It has been prepared
without taking into account your particular investment objectives,
circumstances, financial situation or needs.
You should consider the information in this document in light of your
particular objectives, obligations, financial circumstances and needs.
This publication is not intended to be and should not be construed in any
way as investment, legal or financial advice. You should obtain professional
advice as you consider appropriate.
The information in this guide is correct as at the date of publication. In the
event of a material change occurring to any information contained in this
guide, irrespective of whether it is adverse or not, the trustee will notify
existing employers in writing within the time frames required by law.
Updated information is available online at hostplus.com.au
Where a change to information in the guide is not materially adverse,
for example, the investment performance and individual investment
manager options, the trustee will provide updated information at
hostplus.com.au and you can access the website at any time.
Alternatively, you can contact the trustee and request a copy of the
change which will be provided free of charge.
As a HOSTPLUS participating employer, you can view a copy of the
HOSTPLUS trust deed or other governing documents of the fund at
any time. The trustee reserves the right to charge a fee. Just call
1300 HOSTPLUS (1300 467 875).
Advisers and service providers
Many of the matters associated with running a superannuation fund
are complex. Therefore, the trustee has appointed the following service
providers to assist with the various operations of HOSTPLUS.
Administrator: Superpartners Pty Ltd
Auditor: KPMG, PricewaterhouseCoopers
Internal Auditor: BDO Kendalls
Custodian: JPMorgan Chase Bank, N.A.
Investment Adviser: JANA Investment Advisors Pty Ltd
Investment Managers: See page 23 for a full listing
Lawyers: IFS Legal, Herbert Geer
Insurer: OnePath Life Limited
Member financial advisers: Industry Fund Financial Planning
Throughout this guide you may see references to statements about
the above service providers, including statements from OnePath Life
Limited, JPMorgan Chase Bank, Industry Fund Financial Planning, JANA
Investments, etc. The service providers have consented to these statements
being included in this guide, and that consent has not been withdrawn.
For more information or help
Call: 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday
Fax: 1800 HOSTPLUS (1800 467 875)
Visit: hostplus.com.au
Email: info@mail.hostplus.com.au
Give your staff more by doing less
Super is a big responsibility for employers. Not only do you have to meet your
obligations, you want to make sure you’re doing what’s best for your staff. That’s
why we give your staff more super benefits, while reducing the amount of super
work you need to do, making it easy for you to do the right thing by your staff.
Read on to find out how.




   Joining HOSTPLUS
   To join online, go to hostplus.com.au and complete the online application.

   You can make your first payment, make a one-off payment or make your
   payments later.

   Or, complete and return the employer application form at the back of this guide.
Award winning
HOSTPLUS is an award-winning super fund,
recognised for its competitive performance, service
and low fees. It’s a fund that also incorporates
new levels of choice, control and additional
benefits. We are proud to have received two of
our industry’s highest accolades – SuperRatings
Fund of the Year and Money Magazine’s Best of
the Best award for Best Super Fund Manager for
2007, 2008 and 2009.

We also hold a AAA fund quality rating from
Rainmaker, 5 Apples from Chant West and
SuperRatings Platinum rating – the highest
ratings in their categories.




                           7
Contents
Introducing HOSTPLUS                                                                              Page 6
Making super clearer                                                                              Page 10
Your payment options                                                                              Page 16
Investment strategy, insurance and fees                                                           Page 19
Frequently asked questions                                                                        Page 32



 Just call 1300 HOSTPLUS
 If you have any questions about super, we’re here to help. Our customer service representatives can help you
 with your queries and they’re only a local call away. You can reach them at 1300 HOSTPLUS (1300 467 875),
 8am – 8pm, Monday to Friday. Or email info@mail.hostplus.com.au any time.
    Introducing HOSTPLUS                                                                   HOSTPLUS is the industry superannuation fund,
    established in 1987, for the hospitality, tourism, recreation and sport industries – so it’s no surprise
    that we know service. And we understand business too. We know you’re busy so we’ve created
    high-level administration support for employers – free. That’s right, less work for you, at no extra cost.
    We also know you want to do the best for your employees. And because we’re an industry fund, we
    offer low fees, don’t pay commissions to financial advisers and are run to benefit our members. That’s
    why we’re a highly regarded fund, having been awarded some of the most prestigious accolades in
    the industry. All of which means managing your super is easy with us.


    HOSTPLUS at a glance

     Your question                           Our answer

     What type of fund is HOSTPLUS?          HOSTPLUS was established in 1987 as an employer-sponsored accumulation super fund for those in the hospitality, tourism,
                                             recreation and sport industries. We are also a complying fund under Super Choice.

     Who can join?                           Generally, anyone can join.

     How many employers?                     HOSTPLUS represents more than 78,000 employers.

     How many members?                       Almost 1 million representing over $9 billion in funds under management.

     How is it rated?                        HOSTPLUS are proud to have received two of our industry’s highest accolades – SuperRatings Fund of the Year and Money
                                             Magazine’s Best of the Best award for Best Super Fund Manager for 2007, 2008 and 2009.
                                             We also hold premium ratings:
                                             • a AAA Fund Quality rating from Rainmaker;
                                             • a 5 Apple quality rating from Chant West; and
                                             • SuperRatings Platinum Rating.
                                             These are the highest ratings in their categories.

     Are there any entry or exit fees?       No.

     Are there employer or                   • Employers: none.
     member fees?                            • Members: $1.50 per week ($78 per year).

     Are there any contribution fees?        No.

     Are there withdrawal and                No.
     rollover fees?

     Are there investment management         Yes. The rate depends on the investment option selected. The HOSTPLUS default (Balanced) option is 0.60% p.a.
     expenses for members?                   See page 30 for more information.

     How can employers make                  We have various ways for you to provide contribution details, including seamless compatibility with over 60 common payroll
     payments to HOSTPLUS?                   packages. We also offer a range of flexible payment options. Call us on 1300 HOSTPLUS (1300 467 875) to see what options
                                             best suit your needs.

     What investment options are there?      HOSTPLUS offers 20 investment options. Members can enjoy a choice of pre-mixed options, sector investment options and
                                             individual manager options. See page 21 for the full list of options.

     Can members change investments?         Yes, members can switch investment options as often as once a week at no cost.

     Is there insurance cover?               Yes, three types of insurance cover are available to HOSTPLUS members:
                                             • Death and Total & Permanent Disability Insurance Cover;
                                             • Death Only Insurance Cover; and
                                             • Salary Continuance Insurance Cover.
                                             See pages 24 and 25 for more information.




6                                We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
The right
choice for you
If you have employees who           Help when you need it
are eligible for Super Choice,
you’ll need to specify a fund       If you have any questions
for those who don’t make a          about super, just call 1300
choice. (For more information       HOSTPLUS (1300 467 875),
on Super Choice see page 11).       8am – 8pm, Monday to
It’s called an employer fund or     Friday. We have our own
default fund. If an applicable      in-house service centre and
Federal or State award –            our knowledgeable and
NAPSA – specifies a fund for        friendly customer service
an employee, it will become         representatives are more
your employer fund under            than happy to help with your
Super Choice. But with              queries. All for the cost of
HOSTPLUS as your employer           a local call. You can also visit
                                                                            Helping your employees                  The right choice for your
fund, you can keep your             hostplus.com.au or email
                                                                            understand super                        employees too
employees happy and help            info@mail.hostplus.com.au
your business run smoothly          any time.                               As much as you’d like to                HOSTPLUS isn’t just
at the same time. Here’s why.                                               help your employees make                advantageous for you, your
                                    We have offices in every
                                                                            the right decisions, you’re             staff benefit too. We’re run
Easier administration               state, with qualified staff
                                                                            not allowed to give financial           to benefit members, our
                                    to provide you – and your
                                                                            advice to them unless you’re            fees are low, we don’t pay
We’ve been super specialists        employees – with any support
                                                                            a licensed financial adviser.           commissions and we aim to
for more than 20 years, so          you might need, whenever
                                                                            But with HOSTPLUS, you and              achieve competitive long-term
we have the know-how                you need it.
                                                                            your staff can access a range           investment returns for our
to cut down your super
                                    24/7 access with SuperSite              of education services, including        members.
administration time to the
                                                                            worksite presentations and
absolute minimum. We’ve                                                                                             And with other benefits like
                                    If you have 100 employees               licensed financial planners.
got automated payment                                                                                               easy access to their account
                                    or less, then SuperSite – our
processes in place and can                                                  Low cost business banking               details, low cost banking
                                    online super management
offer you flexible payment                                                                                          and loans, discounted private
                                    system – is available to you at
options. Combine this with the                                              You can access low cost                 health insurance, travel and
                                    no charge. SuperSite lets you:
various ways you can provide                                                business loans and high                 accommodation deals and
contribution details, including     • submit your contributions             interest deposit products               non-commission financial
seamless compatibility with           online                                through Members Equity                  planning, your staff will reap
over 60 common payroll                                                      Bank – the bank 100% owned              the rewards of being a
packages and meeting your           • progressively complete your           by Industry Superannuation              HOSTPLUS member
super obligation is simple.           contribution details, adding          Funds. Their competitive                straightaway.
                                      information as you wish               and straightforward banking
Super Choice ready                                                          products can help your
                                    • generate reports for multiple         business to maximise its
Under the choice of fund              business units over multiple          potential growth.
legislation, an employer fund         periods
needs to be a complying                                                     For more information visit
super fund. Which, of course,       • access your contribution              membersequitybank.com.au
HOSTPLUS is. In fact,                 history for the last four             or call 1300 658 108.
HOSTPLUS was one of the               years
first Australian funds granted
a Registrable Superannuation        • add, remove and update a
Entity (RSE) licence by               range of member details.
the Australian Prudential
                                    We can arrange for your
Regulation Authority (APRA),
                                    contribution payments to be
following the introduction
                                    deducted automatically from
of safety in superannuation
                                    your nominated business
reforms.
                                    account as soon as you’ve
                                    submitted your contribution
                                    details on SuperSite. Or you
                                    can transfer payments through
                                    Electronic Funds Transfer (EFT).

                                    Simply contact us to organise
                                    SuperSite access.




                         We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                7
    Meeting your super obligations

     When your employees                    You need to

     Join your company                      Simply add them to your payment record if they are already a member of HOSTPLUS and they are eligible for contributions.
                                            If they choose HOSTPLUS, ask them to complete a standard choice form unless HOSTPLUS is your chosen employer fund.
                                            There is a standard choice form at the back of this guide. They are also available at hostplus.com.au
                                            To add a new employee, supply your employee’s full name, address, date of birth and their membership number, if they have
                                            supplied you with one, with your payment record. It is also a requirement that you supply the member’s Tax File Number
                                            (TFN). See page 10 for employer obligations regarding TFNs. If you do not make your initial Superannuation Guarantee (SG)
                                            contribution within three months after the SG cut-off date as prescribed by law your eligible employees will not have access
                                            to automatic insurance arrangements. This may expose you to various forms of liability, including to your employees.

     Have their first contribution          Choose whether to submit contribution and payment details electronically or using a monthly mailed contribution advice form.
     made by you                            Call 1300 HOSTPLUS (1300 467 875) to see which payment methods best suit your needs. See pages 16 - 18 for more details.

     Want to transfer their balance from    Tell your employee to contact HOSTPLUS. We will supply them with a rollover form or they can download one from hostplus.com.au
     another super fund to HOSTPLUS

     Change their address details           Notify HOSTPLUS on your next payment record. Alternatively, employees can contact us directly on 1300 HOSTPLUS (1300 467 875),
                                            8am – 8pm, Monday to Friday or email info@mail.hostplus.com.au

     Want to make a personal                Employees can make contributions by direct debit, BPAY®, POSTbillpay® at a Post Office, cheque, cash, payroll deductions
     contribution                           (if you offer this service) and spouse contributions, if eligible. See page 14 for details.

     Leave your employment                  Record the termination date on your next payment record and the reason contributions will not be paid anymore, eg. retirement.


    What happens when
    Here’s a quick reference to what you receive from HOSTPLUS and when. And also what you need to do to meet your super obligations.

     When                                   What you receive from HOSTPLUS                                                                 What to provide to HOSTPLUS

     24 hours, 7 days                       • information via hostplus.com.au; and
                                            • employer and member guides with applications.

     8am – 8pm, Monday to Friday            Dedicated support team to answer any questions you have on 1300 HOSTPLUS (1300 467 875).

     Monthly                                If you pay contributions monthly, we’ll confirm your payment details each month.               You need to submit your
                                                                                                                                           contributions and payment
                                                                                                                                           details by the 14th of the
                                                                                                                                           next month.

     Quarterly                              If you pay contributions quarterly, we’ll confirm your payment details each quarter.           You need to submit your
                                                                                                                                           contributions and payment
                                                                                                                                           details by the 14th of the
                                                                                                                                           month following the end
                                                                                                                                           of each quarter.

     Half-yearly                            • An employer record of contributions paid for the preceding six months to 31 December.
                                            • Members also receive a half-yearly benefit statement after the start of each calendar
                                              year outlining the contributions received in the preceding six months to 31 December,
                                              detailing dates and amounts of contributions including personal and rollovers, fees,
                                              net fund earning rates applied to their account, as well as any insurance cover they
                                              may have.

     After the end of each financial year   • An employer record of contributions paid over the previous six months to 30 June.
                                            • An employer annual report detailing HOSTPLUS investment performance, financials
                                              and activities.
                                            • Members will each receive a second half-yearly benefit statement, detailing dates
                                              and amounts of contributions (including personal and rollovers), fees, net fund earning
                                              rates allocated to their account, as well as any insurance cover they may have.
                                            • The Annual Report for members is available online, generally in September. It provides
                                              information about our investment performance over the previous 12 months, as well as
                                              other important information including the financial statements for the fund. Members
                                              can contact us if they would like a copy of our Annual Report mailed to them.




8                              We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au   9
     Making super clearer Paying super correctly is the law and there are penalties if you don’t meet
     your obligations. It’s also the right thing to do by your employees. Naturally, at HOSTPLUS we’ll do all we can to help you
     carry out your responsibilities correctly. This section gives you an overview of those responsibilities as well as your rights.
     Super can seem complicated, so we’ve tried to present this information as simply as possible. Please take the time to read
     and understand it.


     What is super?                                                                          Tax File Numbers

     It’s simple, superannuation is just one way Australian workers can save for             As a HOSTPLUS participating employer, you have a responsibility to:
     retirement. It’s also one of the most tax effective ways to invest for the long term.
                                                                                             • accept TFNs from your employees;
     Contributions can be made into a super fund or retirement savings account. The
     compulsory contributions you make on your employees’ behalf help them save              • respect the privacy of employees who quote you their TFN; and
     and prepare for a quality lifestyle when they retire.
                                                                                             • pass on TFNs when you next make a contribution to HOSTPLUS, as required
                                                                                               by law.
     What is the Superannuation Guarantee?
                                                                                             If you received the TFN less than 14 days before your next contribution for the
     The Superannuation Guarantee (SG) was introduced on 1 July 1992 to ensure
                                                                                             employee, you have 14 days from the time of receiving the TFN to pass it on to
     that as many Australians as possible have superannuation. Today, the SG makes it
                                                                                             HOSTPLUS.
     compulsory for employers to pay 9% of an eligible employee’s ordinary time earnings
     (OTE) as contributions into a complying super fund or retirement savings account        It’s also important to:
     (up to the maximum superannuation contribution base - see page 12).
                                                                                             • Keep all TFNs in a secure manner. An employee’s TFN must not be generally
     What information does HOSTPLUS need to open an                                            accessible to other employees unless it is their duty to deal with them in their
                                                                                               normal course of work. Employees who deal with TFNs should be reminded of
     employee’s account?                                                                       the need to protect the privacy of TFNs.
     HOSTPLUS requires employers to provide us with sufficient information to open an
                                                                                             • Only pass on TFNs collected for superannuation purposes to HOSTPLUS.
     account for your employees. We need you to provide us with:
                                                                                             Warning
     • your employee’s full name;
                                                                                             Penalties apply for:
     • your employee’s date of birth;
                                                                                             • unauthorised use or disclosure of TFNs and breaches of TFN responsibilities; and
     • your employee’s current address;
                                                                                             • employers who fail to pass on their employee’s TFN.
     • your employee’s Tax File Number; and
                                                                                             If we don’t receive an employee’s TFN from you, higher tax rates will apply to your
     • details for which period you are making a Superannuation Guarantee
                                                                                             employees’ super and any non-concessional contributions (personal contributions)
       (SG) contribution.
                                                                                             cannot be accepted – they will be refunded.
     If you fail to make your employees’ first SG contribution within three months after
     the SG cut-off date as prescribed by law, eligible employees will not have access
     to the automatic insurance arrangements. This could expose you to potential
     liability issues.

     Without the above information, contributions may be refunded to you or paid as
     unclaimed money to the Australian Taxation Office and you may breach the SG
     obligation. A breach of the SG obligation could create potential insurance liability
     issues and incur an SG charge (see page 12).




10                                  We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
What is Super Choice?                                                                On the other hand, if your employees are covered by an award or
                                                                                     industrial law agreement and a lesser amount is stipulated in the award
                                                                                     or industrial law agreement then you will need to calculate the SG payments
Super Choice was introduced in 2005 to give eligible employees the ability
                                                                                     based on ordinary time earnings contained in the SG legislation. If you fail to
to choose the fund into which their super contributions are paid.
                                                                                     do so, you will be in breach of your SG obligations.
On 1 July 2006, the Federal Government extended Super Choice to allow
                                                                                     Please note that full payment must be received, i.e. no part payments.
employees covered by State awards (now known as ‘notional agreements
preserving State awards’ or NAPSAs) and working for a constitutional                 SG complements existing award superannuation obligations. As award rates
corporation, or unincorporated employers in Victoria and the Territories,            vary over time, contact your employer organisation or the Workplace Authority
the right to choose a super fund.                                                    on 1300 363 264 or at www.workplaceauthority.gov.au for details of awards
                                                                                     affecting your employees.
If your employees are eligible for Super Choice and you don’t meet your Choice
obligations, you will be penalised. So it’s not only your legal responsibility but   Who’s not eligible for SG contributions?
also smart business practice to keep records that:
                                                                                     Most employees are now eligible. Generally, employees aged between
• show you have offered a choice of superannuation fund to eligible                  18 and 70, who are paid $450 (before tax) or more in a calendar month are
  employees and provided them with a standard choice form within 28 days             covered by the SG legislation, whether they work full-time, part-time or on
  of the commencement of their employment;                                           a casual basis.
• show you have acted on your employees’ choice of super fund;                       Here are just some of the employee categories excluded from SG
                                                                                     contribution requirements:
• contain information about your chosen employer fund, including the date
  that the employee nominated a fund; and                                            • Employees paid less than $450 in a calendar month.
• show the employer (default) fund meets the statutory death benefit                 • Employees under age 18 who work 30 hours or less a week.
  insurance requirements.
                                                                                     • Employees over age 70.
Your records must be in English and be kept for five years. If your records are
not in a written form (on computer disk, for instance), they must be readily         • Employees paid to do work of a domestic or private nature for no more
accessible and easily converted to written English.                                    than 30 hours per week.

If you do not meet your Super Choice obligations you will be liable for the          •	 Some foreign executives who hold certain visas or entry permits under the
choice shortfall. The choice shortfall is part of the SG charge (see page 12)           migration regulations (you should contact the ATO for information).
and is applied where you have paid SG contributions to a complying fund for
your employee but not to the fund chosen by the employee.                            •	 Employees temporarily working in Australia who are covered by a bilateral
                                                                                        super agreement, in which case, you must keep a copy of the employee’s
The choice shortfall is 25% of the contributions that are paid to the wrong             certificate of coverage to verify the exemption.
fund and is not tax deductible. A choice shortfall will also apply if you have
not given your employees a standard choice form within 28 days of the                •	 Non-resident employees you pay for work done outside Australia.
commencement of their employment.
                                                                                     •	 The armed forces are not required to pay SG contributions for anyone who is
The choice shortfall is limited to $500 for a notice period per employee.               a member of the army, navy or air force reserve.
For example, if the choice shortfall for an employee for a quarter is $1,000,
                                                                                     Please note that you may be required to pay SG contributions despite these
the actual choice shortfall can be no more than $500.
                                                                                     exclusions if the terms of employment such as under a contract, award or other
For detailed information on Super Choice, please visit hostplus.com.au or            enforceable industrial instrument or arrangement require you to do so.
call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday.
                                                                                     Older workers may be eligible for other employer contributions

Your SG obligations                                                                  The following employer contributions can be made for employees aged over
                                                                                     65 but not yet 75:
SG legislation requires employers to make contributions to a complying               • mandated employer contributions, including SG and award contributions; and
super fund on behalf of each eligible employee.
                                                                                     • additional employer contributions if the member has been gainfully
By law, you’re required to contribute 9% of an employee’s ordinary time                employed for at least 40 hours in 30 consecutive days during the financial
earnings (OTE). Generally, this means the total of the employee’s earnings from        year the contribution is made. The amount of paid work only needs to be
ordinary hours of work and earnings consisting of over-award payments, shift           demonstrated once a year to the trustee. For employees aged 75 and over,
loadings or commissions. OTE includes most bonuses but does not include                only employer contributions mandated under award or industrial agreements
overtime and payments that are only in respect of overtime. For further                can be made.
information contact the Australian Taxation Office (ATO).
                                                                                     Generally, SG contributions are not required for employees aged 70 or over.
However, if an employment contract, award or other enforceable industrial
instrument or arrangement stipulates a higher level of superannuation                For further information please contact the ATO on 13 10 20.
contributions for an employee, then you will be required to pay the higher
amount (i.e. more than the ordinary time earnings base). If you fail to pay the
higher amount as required under the employment contract, award or other
industrial instrument or arrangement, you may be in breach of your industrial
law obligations.



                               We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                            11
     Super rules for temporary residents                                                       An employer who does not pay the required amount by the SG contributions date is
                                                                                               liable for the SG charge to the Australian Taxation Office (which must be paid to the
     Employers are able to make the SG payments on behalf of temporary residents to            ATO by the date shown in the table below as the SG charge due date). See below
     their chosen super fund (if eligible for choice) or to the prescribed super fund in the   for information about the SG charge.
     same way as any other employee.
                                                                                               If the quarterly due date for paying contributions falls on a weekend or public
     While temporary residents remain in Australia their superannuation will                   holiday, the cut-off date is the following working day.
     remain in the fund. For details on when temporary residents can access their
     superannuation and the applicable tax, please see page 15.                                Some award arrangements specify that you must pay contributions monthly. If this
                                                                                               is the case, you will not be eligible to pay your contributions quarterly. If your award
                                                                                               arrangement specifies that you must pay monthly, then your contributions must be
           How to calculate SG contributions                                                   paid by the 14th day of the month following the month for which the contributions
                                                                                               were payable. For example, contributions for January are due by 14 February.
           SG contributions are set at 9% of an employee’s OTE. Calculating them
           is easy, here are three examples.                                                   Please note: It is HOSTPLUS policy that contributions must be paid by the
                                                                                               14th of the month following the quarter in which contributions are payable, even
           Example 1
                                                                                               though the government SG due date is the 28th of the month following the quarter.
           Sandra works part time, working 84 hours a month at $16/hr. She                     For example, contributions for 1 October – 31 December are due to HOSTPLUS
           therefore earns $1,344 per month. The SG contribution is: $1,344 x 9%               by 14 January.
           = $120.96.
                                                                                               SG charge
           Example 2
                                                                                               To avoid paying the SG charge it’s essential you pay sufficient super contributions
           Phil works 40 hours in the month, earning $560. The SG contribution is:             to an employee’s chosen fund or the fund identified in an employment agreement/
           $560 x 9% = $50.40.                                                                 award or, where no chosen fund exists, to the default fund you identified on
                                                                                               the standard choice form within the SG contribution due date. If you miss the
           Example 3                                                                           SG contribution due date, you are liable to pay the SG charge. The SG charge
                                                                                               comprises:
           Georgie works casually, earning $14/hr. Last month she worked 30 hours
           and earned $420. Normally, under legislation, her employer wouldn’t need            • any SG contribution shortfall amounts (including any choice liability if applicable)
           to make an SG contribution as she earned less than $450 for the month.
           However, Georgie works under an industrial award that specifies a lower             • interest which is calculated on a daily compound basis to the date the SG charge
           salary entitlement. Therefore her employer is required to make the SG                 is actually paid, and
           contribution: $14 x 30hrs = $420.00 x 9% = $37.80.
                                                                                               • a $20 administration fee per quarter per affected employee.

                                                                                               Importantly, unlike most superannuation contributions, the SG charge is not tax
     Maximum superannuation contribution base
                                                                                               deductible. You must pay the SG charge to the ATO.
     This is the maximum limit used to calculate the SG contributions on any
     employee’s earnings base for each quarter of the financial year. Generally,                 SG quarter                                  SG charge due date
     employers do not have to pay SG contributions for any earnings above this limit
                                                                                                 1 July – 30 September                       28 November
     unless terms of employment provide otherwise (for example, under a contract
     of employment, an applicable award or industrial instrument). For the 2010 – 11             1 October – 31 December                     28 February
     income year the maximum contribution base per quarter is $42,220. Visit
     ato.gov.au for the latest maximum contribution base amount.                                 1 January – 31 March                        28 May

                                                                                                 1 April – 30 June                           28 August
     SG contribution payment dates
     SG contributions must be paid by the government-specified date or you will be             Offsetting late SG payments against the SG charge
     penalised. If you would like the convenience of paying contributions quarterly,
     simply tick the box in Step 5 of the enclosed HOSTPLUS application.                       An employer who makes a contribution into an employee’s fund after the due date
                                                                                               for the quarter, may elect to use the contribution to offset against part of their SG
     SG contribution due date                                                                  charge liability with respect to the employee for the quarter. An employer is able to
                                                                                               offset payments against the SG charge with respect to the employee where:
     SG contributions must be paid to the fund within 28 days after the end of each
     quarter (see the SG contributions due date in the table below).                           • the employer has made a contribution for a quarter into an employee’s fund after
                                                                                                 the due date for the quarter; or
       SG quarter                                  SG contribution due date
                                                                                               • the contribution in respect of the employee is made before the
       1 July – 30 September                       28 October                                    employer’s original assessment for the SG charge for the quarter
                                                                                                 (original SG assessment date); or
       1 October – 31 December                     28 January

       1 January – 31 March                        28 April                                    • the employer has given an election, in the approved form, to the ATO to use the
                                                                                                 offset in respect of the employee to reduce their SG liability for the quarter; or
       1 April – 30 June                           28 July
                                                                                               • the election is made within four years after the original SG assessment date for
                                                                                                 the quarter.




12                                   We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
The original SG assessment date for a quarter is the date when either of the following first occurs:

• the ATO receives an SG statement from the employer for the quarter and the employer has not previously lodged an SG statement for the quarter
  and the ATO has not assessed an SG charge for the employer for that quarter; or

• a default assessment is raised on the employer for the quarter.

If an employer fails to request the offset within the prescribed time, the contribution may be applied to a future quarter if the contributions are not more than
12 months before the beginning of that quarter and the individual is still an employee of the employer in that future quarter.



    Example 1

    Catherine is an employer who is required to make a $1,000 contribution, into HOSTPLUS for the September 2010 quarter on behalf of her employee Jay.
    Catherine fails to make the contribution by the SG contribution due date (being 28 October 2010) but makes a late contribution into HOSTPLUS , on behalf
    of Jay, on 1 December 2010. Catherine is assessed on 31 January 2011 with an SG charge liability for the September quarter for Jay. Catherine is eligible to
    use the late contribution made to HOSTPLUS on Jay’s behalf to offset the unpaid SG charge liability for the September 2010 quarter. If Catherine wishes to
    use the offset she must give her election in the approved form to the ATO by 31 January 2015.




    Example 2

    Catherine is an employer who is required to make a $1,000 contribution into HOSTPLUS for the September 2010 quarter on behalf of her employee Jay.
    Catherine fails to make the contribution by the SG contribution due date (28 October 2010). Catherine is assessed with an SG liability on 1 November 2010
    for the September 2010 quarter in relation to Jay. Catherine makes a late contribution into HOSTPLUS, on behalf of Jay, on 1 December 2010. Catherine
    cannot use the contribution to offset the unpaid SG charge liability for the September 2010 quarter because the contribution was not made before the
    original SG assessment date for the September 2010 quarter (ie. the contribution was not made before 1 November 2010).

    In the above example, Catherine may apply the contribution for a future quarter subject to the future quarter not ending later than 1 December 2011 and
    Jay still being employed by Catherine in that future quarter.




Extra contributions
There’s a range of ways for your employees to make additional, personal contributions to top up their super fund and get it working harder for the future. Here’s a
brief overview of how they affect you.

Salary sacrifice

Some employers offer employees a before tax salary sacrifice contribution option. Those employees can choose to sacrifice some of their taxable income for
non-cash items – including additional super contributions. Salary sacrificing for super means only 15% tax is deducted from the money invested rather than their
personal income tax rates if they received that money as normal salary, which can be up to 46.5% (including Medicare levy).

You don’t have to offer salary sacrifice, but if you do, you cannot allow an arrangement that brings an employee’s salary under the minimum amount required under
an applicable award. This may breach the applicable award. Please contact Fair Work Australia on 1300 799 675 or visit fwa.gov.au to understand your obligations.
For more information about salary sacrifice, visit hostplus.com.au or call 1300 HOSTPLUS (1300 467 875) for a copy of our salary sacrifice guide. Alternatively, call
the ATO super helpline on 13 10 20.


  Contribution type                                                Cap per person from                                   Cap per person from
                                                                   1 July 2010 – 30 June 2012                            1 July 2010 – 30 June 2012


  Concessional contributions                                       $25,000*                                              For members aged 50 and over: $50,000


 *This amount is indexed to Average Weekly Ordinary Time Earnings, but only increases in increments of $5,000 or more.




                                   We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                         13
     Concessional contributions cap                                                          No goods and services tax (GST) is payable on contributions or on benefits paid,
                                                                                             rolled over or transferred.
     You will be able to claim a tax deduction for all employer contributions. However,
     any employer contributions above the concessional contributions cap will be:            Taxation of investment earnings and benefits

     • taxed at 31.5% (including Medicare levy), in addition to the 15%                      Earnings tax
       tax when contributions are made to the fund; and
                                                                                             Investment earnings are taxed up to a maximum rate of 15%. Where the assets are
     • counted towards the employee’s non-concessional cap.                                  invested in Australian and international shares, the tax payable can be partly offset
                                                                                             by imputation credits for franked dividends and foreign tax credits. Any capital gains
     Forwarding employee personal contributions                                              are limited to two thirds of the gain or the whole of the gain with an indexed cost
                                                                                             base, depending on the date that the assets were acquired.
     It’s not only good management to pay your employees’ personal super contributions
     promptly to HOSTPLUS. It’s the law.                                                     Benefit tax

     Under the Superannuation Industry (Supervision) Act 1993, you must submit               Tax may also be payable when a member withdraws their benefit. The amount
     personal contributions deducted from an employee’s salary or wages within               of tax depends on age, the components of the benefit (tax free and taxable
     28 days of the end of the month in which the deduction is made.                         components), the amount of the member’s benefit and how the benefit is used.
                                                                                             For instance, tax is not payable if the benefit is rolled over or transferred to
     For example, a personal contribution deducted from an employee’s pay on
                                                                                             another complying super fund.
     15 February must be received by 28 March.
                                                                                             The following tables show the taxation treatment of lump sum payments during
     This requirement only applies to member personal contributions. It does not apply
                                                                                             the member’s lifetime.
     to employer contributions, such as SG payments or effective salary sacrifice
     contributions, where you have agreed to pay part of an employee’s total
     remuneration as employer contributions according to ATO guidelines.                     The taxable component of lump sum benefits
                                                                                             Where 15% contribution tax has been paid
     Taxation of super
     Occasionally, employees may ask you about taxation on super. While they should             Age                                 Tax treatment of                Tax treatment of
     seek independent, professional taxation advice from an accountant or tax expert,                                               lump sum benefits               lump sum benefits
     the following will apply to all super fund members.                                                                            for the year 1 July             for the year 1 July
                                                                                                                                    2010 – 30 June 2011             2011 – 30 June 2012
     Taxation on super contributions
                                                                                                Below                               21.5%                           21.5%
     Employer contributions (concessional contributions) are generally taxed at 15%             Preservation Age
     on amounts up to $25,000 in a financial year and 46.5% (including Medicare levy)
     on amounts in excess of $25,000 that year if members are less than 50 years of             Preservation Age – 59               Nil up to $160,0001             Nil up to $165,0001
     age. Until 30 June 2012, once members turn 50, concessional contributions are                                                  16.5% for amounts               16.5% for amounts
     taxed at 15% for amounts up to $50,000 in a financial year and 46.5% (including                                                over $160,000                   over $165,000
     Medicare levy) on amounts above $50,000 in that year.
                                                                                                 60+                                Tax free                        Tax free
     For non-concessional (voluntary) contributions there is no tax payable up to the
     applicable cap (currently $150,000 per annum or $450,000 over a three year              1 This is the low rate cap amount, which is indexed in line with Average Weekly Ordinary Time
     period). HOSTPLUS is unable to accept contributions over the non-concessional             Earning but only increases in increments of $5,000.
     contributions cap of $150,000. However, if HOSTPLUS does inadvertently receive          Note: the tax rate figures above include the 1.5% Medicare levy.
     non-concessional contributions over the non-concesssional cap, excess non-
     concessional contributions will be taxed at 46.5%. If members are under 65
     years of age, they can contribute up to $450,000 tax free over a three year period.
     However, any more contributions made in that three-year period in excess of the cap
     will be taxed at 46.5%.

     It is important to note that the caps apply to the total contributions made
     to any superannuation interest in your employee’s name for the financial
     year. As such, if your employee has multiple superannuation accounts, they
     must carefully monitor the amount of contributions made across those accounts,
     as the caps apply to their total contributions.

     No tax is payable on:

     • personal contributions (non-concessional contributions) for which members
       do not claim a tax deduction (within the cap limit); or

     • government co-contributions; or

     • spouse contributions; and

     • amounts transferred or rolled into HOSTPLUS from other super funds
       (except where it includes a post-30 June 1983 untaxed component such
       as a ‘golden handshake’).


14                                  We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
Where 15% contribution tax has not been paid                                                        Any super benefits paid out to eligible temporary residents may be
                                                                                                    subject to the Departing Australia Superannuation Payment (DASP)
                                                                                                    withholding tax – 35% for the taxed element of the taxable component and
                                       Tax treatment of                Tax treatment of
                                                                                                    45% for the untaxed element of the taxable component.
                                       lump sum benefits               lump sum benefits
   Age
                                       for the year 1 July             for the year 1 July          Temporary residents are unable to access benefits concessionally upon
                                       2010 – 30 June 2011             2011 – 30 June 2012          retirement or attaining age 60. They will continue to pay the applicable DASP
                                                                                                    withholding tax.
                                       31.5% for amounts               31.5% for amounts
                                       up to $1.1551 million           up to $1.2051 million        HOSTPLUS relies on relief from ASIC under Class Order CO 09/437 and
   Below
                                                                                                    doesn’t provide departed temporary resident members whose benefits
   Preservation Age
                                       46.5% for amounts               46.5% for amounts            are paid to the ATO with notices or statements at the time of or after the
                                       over $1.155 million             over $1.205 million          benefits have been paid to the ATO. However, if members have any queries,
                                                                                                    they can contact us and we’ll provide relevant information to them about
                                       16.5% for amounts               16.5% for amounts            their benefits.
                                       up to $160,0002                 up to $165,0002
                                                                                                    Death benefits
                                       31.5% for amounts               31.5% for amounts
   Preservation Age – 59               between $160,000                between $165,000             Death benefits are tax free when paid to tax dependants. A dependant
                                       and $1.155 million              and $1.205 million           for these purposes is a spouse, including a same sex spouse, a child less
                                                                                                    than 18, a person with whom the deceased had an interdependent relationship
                                       46.5% for amounts               46.5% for amounts            on the date of death, or any other person who was a financial dependant of the
                                       over $1.155 million             over $1.205 million          deceased on the date of death.

                                       16.5% for amounts               16.5% for amounts            The government has expanded the definition of spouse to include same sex couples
                                       up to $1.155 million            up to $1.205 million         and the definition of child to include eligible children of same sex couples. This
    60+                                                                                             means that same sex couples and their children are able to access the same tax
                                       46.5% for amounts               46.5% for amounts            concessions on lump sum death benefits available to married and de facto opposite
                                       over $1.155 million.            over $1.205 million          sex couples. In addition a spouse is recognised when the relationship is registered
                                                                                                    on the Register of Births and Marriages under State or Territory law or where they
                                                                                                    are living together on a genuine basis as a couple, although not legally married.
1 This is the untaxed plan cap amount, which is indexed in line with Average Weekly Ordinary
  Time Earning but only increases in increments of $5,000.
                                                                                                    Any untaxed element in a taxable component of a lump sum benefit –
2 This is the low rate cap amount, which is indexed in line with Average Weekly Ordinary Time       where the benefit included life insurance proceeds – will be taxed at 31.5%
  Earning but only increases in increments of $5,000.
                                                                                                    (including Medicare levy). The untaxed element is the proportion of the insured
Note: the tax rate figures above include the 1.5% Medicare levy.                                    lump sum death benefit that relates to the period from the date of death to age
Proportional drawdown of benefits: When any part payment of a superannuation benefit is made,
                                                                                                    65 in comparison to the total service period.
the benefits will reflect the proportions of the tax-free and taxable components that make up the
total benefits.                                                                                     If the lump sum death benefit is paid to a non-dependant, the taxable
                                                                                                    component will be taxed at 16.5% (including Medicare levy) but part of the
Temporary residents                                                                                 benefit may be taxed at up to 31.5% (including Medicare levy) if it comprises
                                                                                                    of insurance proceeds. The tax free component will be tax free if paid to a
Employers are required to make SG payments on behalf of temporary residents
                                                                                                    non-dependant.
to their chosen super fund (if eligible for choice) or to the prescribed super fund
in the same way as any other employee unless exempted by law from doing so.                         Total and permanent disability benefits
While temporary residents remain in Australia their superannuation will                             Total and Permanent Disability benefits are taxed as a lump sum benefit,
remain in the fund until they become entitled to payment of a benefit. The                          with the taxable and tax free components. Generally, the tax free component
superannuation benefits of temporary residents can only be withdrawn under                          will include the proportion of the benefit that relates to the period from the
the following conditions of release:                                                                date of total and permanent disablement to age 65.
• death;                                                                                            Income protection benefits
• terminal medical condition;                                                                       Income protection benefits are generally taxed at the members’ marginal
                                                                                                    tax rate.
• permanent incapacity; or
                                                                                                    Terminal Illness benefits
• after leaving Australia and their visas have ceased to have effect.
                                                                                                    If a member suffers from a terminal illness as certified by two medical
Temporary residents (not an Australian or New Zealand citizen) who depart
                                                                                                    practitioners (one being a specialist) then lump sum superannuation benefits
Australia permanently, can access their super benefits from the fund if six
                                                                                                    paid are exempt from tax.
months has not passed since they departed Australia and their visa expired.
After the six-month period their super benefit will be paid to the Commissioner
of Taxation as unclaimed superannuation. They can access their benefit from
the Commissioner of Taxation.




                                      We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                                        15
     Your payment options Meeting your super obligations is an important responsibility. We also
     understand that when you’re running a business, you don’t want to feel like you’re running a super fund as well. So we make it
     easy for you to submit your employees’ contribution details and payments, by offering a range of contribution methods.


                                                                                             SuperSite
         Paying contributions to HOSTPLUS
                                                                                             A free service for employers, SuperSite lets you manage your super administration
         As a HOSTPLUS employer, you can make payments electronically or by                  – including submitting contribution details – securely, online. It suits small to medium
         submitting a form. To ensure you get the best option for your organisation          businesses with less than 50 employees.
         read about these payment methods – and if you have any questions, just call
                                                                                             Submitting contribution details
         1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday and we’ll
         help tailor a payment solution for you.                                             Once you register for SuperSite and receive your secure PIN, you can log on any time
                                                                                             to enter and submit your employees’ contribution details. In fact, SuperSite lets you:

     When to pay contributions                                                               • complete contribution details over several days;

     The government has a minimum requirement for SG quarterly contributions to be           • check and correct details;
     made on behalf of employees.
                                                                                             • create contribution reports for different business units; and
     Despite these quarterly arrangements, many awards and workplace agreements
                                                                                             • view past contribution reports.
     for the hospitality, tourism, recreation and sport industries require contributions
     to be made monthly. If you are subject to such an award or workplace agreement,         Even better, submitted details are saved so you can use them again for future
     you must continue to make contributions in accordance with the award or                 contributions. You can also log on at any time to add or delete employees as
     workplace agreement.                                                                    required or update their details.
     However, if you are not bound to make monthly contributions and would like the          Submitting contribution payments
     convenience of making quarterly SG payments, simply read then tick the box in
     Step 5 of the enclosed application.                                                     Once you submit your contribution details on SuperSite, you can make your
                                                                                             contribution payments using any one of the following options:
     Submitting contribution details
                                                                                             • BPAY®;
     You’re free to choose from three main super contribution options.
                                                                                             • POSTbillpay® at any Australia Post outlet;
     • Super FileManager is a PC-based option that can read information from
       compatible payroll systems. We also offer a Microsoft Excel® option for               • direct debit from your company’s bank account; or
       organisations with incompatible payroll systems. Both options suit medium to
       large businesses.                                                                     • Electronic Funds Transfer.

     • SuperSite is an internet-based option that also lets you submit contribution          Getting started
       details securely online. This option suits small to medium businesses.
                                                                                             You can join SuperSite simply by calling us on 1300 HOSTPLUS (1300 467 875).
     • Contribution advice is a paper-based option where you manually complete and
       return a form each month. This option suits small businesses.

     Clearing house facility
     From 1 July 2010, the Government has introduced a clearing house facility
     (the Small Business Superannuation Clearing House) through Medicare offices
     for small businesses of less than 20 employees. This service enables small
     business employers to pay superannuation contributions in the one location
     (free of charge) instead of having to pay contributions to a large number of
     superannuation funds chosen by their employees.

     Small businesses must register with Medicare Australia to use the service and
     will have their SG obligation discharged when payment of the correct amount is
     accepted by the clearing house by the super payment cut-off date (so long as the
     payment is not rejected by the fund).

     Employers who receive an employee’s choice of fund nomination will have their
     choice obligation discharged if they pass the information to the clearing house
     within 21 days of receiving the choice of fund nomination.

     You can contact Medicare Australia on 1300 660 048 for more information on
     eligibility and how to register.


16                                  We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
Super FileManager
A PC-based super contribution option, Super FileManager can extract
contribution details directly from over 60 compatible payroll systems, saving
you time and effort because you don’t have to re-key information or complete
separate paperwork. While any business with a compatible payroll system can
use Super FileManager, it’s best for medium to large organisations with over
30 employees.

Submitting contribution details

Once you’ve activated Super FileManager, you can electronically submit the
superannuation contribution files generated by your payroll system.

Submitting contribution payments

If you use Super FileManager, payments can be made by:

• Electronic Funds Transfer (EFT);

• BPAY®;

• cheque.

Getting started

To use Super FileManager, you must also have a compatible payroll system.
Because there are many versions of payroll systems (some specifically designed
for individual companies), please call 1300 HOSTPLUS (1300 467 875),
8am–8pm, Monday to Friday, to discuss your system’s compatibility.



    Incompatible payroll system?
    If your payroll system is not compatible with Super FileManager,
    we’ve designed another simple solution for medium to large
    businesses – HOSTPLUS Excel® spreadsheet.

    Submitting contribution details

    Using a pre-formatted worksheet (which we can help design to suit
    your needs), this option lets you use the familiar Microsoft Excel®
    spreadsheet program to complete your employees’ contribution details.
    You can then submit your saved contribution report to us by email.

    Submitting contribution payments

    Contribution payments can be made by using EFT or cheque over the
    counter at our offices.

    Getting started

    For full details about using HOSTPLUS Excel spreadsheet and to
    receive a test template, just call 1300 HOSTPLUS (1300 467 875).




                              We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au   17
     Contribution advice                                                                     Payment methods in more detail
     If you don’t have a computerised payroll system or internet access, a HOSTPLUS          Once you submit your employees’ contribution details, you need to submit your
     contribution advice – where you manually complete and return a form each                contribution payment. Simply choose a compatible payment method that’s easiest
     month – is the next best option for submitting contribution details. Because            for you. For more information, just call 1300 HOSTPLUS (1300 467 875).
     completing a contribution advice can be time consuming, it best suits small
     businesses with under 30 employees.                                                     Bpay ®

     Submitting contribution details                                                         If your company’s financial institution offers BPAY® you can use their
                                                                                             phone or internet banking facilities to make a payment directly from
     If you choose to use a contribution advice, each month we will send you a               your bank account to HOSTPLUS.
     personalised HOSTPLUS contribution advice for you to complete and return.
                                                                                             pOSTbillpay®
     Submitting contribution payments
                                                                                             With POSTbillpay® you can make payments over the counter at around 4,500
     Once you complete your HOSTPLUS contribution advice, you can make your                  Australia Post outlets nationwide.
     contribution payment by:
                                                                                             Electronic Funds Transfer (EFT)
     • BPAY®;
                                                                                             EFT is when you transfer money from your bank, credit union or building society
     • POSTbillpay® at any Australia Post outlet;                                            account to our HOSTPLUS bank account.

     • Electronic Funds Transfer; or                                                         You arrange this directly with your bank, which then advises HOSTPLUS that
                                                                                             payment has been made.
     • mailed cheque (with your contribution advice); or
                                                                                             You must be a registered employer to use this payment method.
     • cheque or cash over the counter at our offices (with your contribution advice).
                                                                                             Cheque
     Getting started
                                                                                             Cheques must be accompanied by the relevant contribution advice. If using
     To order a personalised HOSTPLUS contribution advice or for more information,           Super FileManager or HOSTPLUS Excel® spreadsheet, the payment period
     download a copy at hostplus.com.au or call 1300 HOSTPLUS (1300 467 875),                and your employer number must be included with your cheque. Cheques should
     8am – 8pm, Monday to Friday.                                                            be made payable to ‘HOSTPLUS’.

                                                                                             If mailing, send cheque to:
                                                                                             HOSTPLUS
                                                                                             Locked Bag 3
                                                                                             Carlton South VIC 3053

                                                                                             Cash

                                                                                             If you prefer to make cash payments in person, HOSTPLUS has offices in each
                                                                                             state. Please ensure you provide us with member details to help us process the
                                                                                             cash payment. Please refer to the back cover of this brochure for your local
                                                                                             HOSTPLUS office.

                                                                                             Direct debit

                                                                                             Direct debit automatically triggers the appropriate monthly deduction from your
                                                                                             nominated account on receipt of your completed contribution advice via SuperSite.
                                                                                             Please note: credit card accounts cannot be used.

                                                                                             You must be a registered employer to use this payment method.




18                                  We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
Investment strategy Making HOSTPLUS your employer fund is a decision that can
reward both your business and employees for years to come. To start, all HOSTPLUS investments are held by the
custodian JPMorgan Chase Bank N.A., with approximately US$16.1 trillion of assets under custody and administration.
In turn, our asset adviser, JANA Investment Advisers Pty Ltd (JANA), one of Australia’s leading asset consulting firms
with approximately A$170 billion under advice, jointly monitors and reviews the performance of the investment
managers with HOSTPLUS.


Our investment objectives and strategies                                             The HOSTPLUS Balanced option
HOSTPLUS bases its objectives on professional advice from our independent            The Balanced option is our default investment option, which aims to achieve
asset consultant. The asset consultant takes into account the impact of              competitive, long-term investment performance for members.
economic forecasts on the different asset classes in which the options invest.
                                                                                     Our Balanced (default) option investment performance is above average over
Investment strategies are developed on the advice of the asset consultant            the longer term, i.e. 3, 5, 7 and 10 years according to SuperRatings Fund
to create the greatest probability of attaining the outlined objective of the        Crediting Rate Survey – SR50 Balanced (60 – 76) Index, 27 July 2010.
investment options.

Strategies are amended from time to time to reflect changing circumstances in        Our Balanced option performance
different markets.
                                                                                        Period to 30 June 2010                                Net fund earning rate p.a.
The investment objectives are not an indicator of the future performance of the
                                                                                        1 year                                                          8.1%
options, and in no way do they predict returns. They are provided in order to
give members an indication of the level of net earnings that the options could          3 year                                                          -3.2%
produce based on the historical, long-term experience of the different asset
classes in which the options invest.                                                    5 year                                                          4.1%

However, past performance should not be used to predict future performance           Past performance is not a guide to future performance.
and investors should be aware that changing market conditions can cause the          The 1 year performance figures are the net fund earning rate and the 3 and 5 year performance
value of investments to change.                                                      figures are the effective compound rates.



Change of investment managers
HOSTPLUS is responsible for selecting investment managers, monitoring
their progress and determining the overall investment profile. Sometimes, a
decision may be made to remove an investment manager as a result of poor
investment performance, change in key personnel, or a shift in a manager’s
style or HOSTPLUS investment strategies.

When an investment manager is removed, a manager with a similar or
different investment style can replace it. Alternatively, the assets in which that
manager was investing may also be allocated to one or more of our existing
managers.

HOSTPLUS may remove or replace investment managers as well as change
the investment strategy or style of an individual manager from time to time.
In circumstances where HOSTPLUS deems urgent action is needed due to
an unforseen event related to a manager, HOSTPLUS reserves the right to
immediately remove the manager. In the event this manager happens to be in
one of our individual manager options and to protect the members’ interests,
HOSTPLUS reserves the right to move members invested in that option to the
Balanced option. HOSTPLUS will notify members of any material changes that
may affect their circumstances. See page 23 for a full list of investments and
investment managers.




                               We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                                          19
     Our Balanced option in detail                                                                      Our other investment options
                                                                                                        HOSTPLUS members can choose from a selection of 20 investment options.
                             Balanced (default)
                                                                                                        For even greater flexibility, members can mix and match any of the options.
      Investment             •	 Achieve positive returns that exceed the return of
                                                                                                        For instance, a member could place 50% in Shares Plus (pre-mixed option), 25% in
      objectives                the Conservative Balanced option over rolling three year
                                                                                                        Property (sector investment option) and 25% with Paradice Investment Management
      and                       periods.
      strategies                                                                                        (Small Cap) (individual manager option).
                             •	 Maximise the prospect of positive returns each financial
                                year.                                                                   The only criteria is a minimum of 1% must be placed in any selected option.
                             •	 Achieve returns that are above the average return of                    Members can also switch between investment options as often as once a week at
                                other similar funds.                                                    no cost.
      Risk/return            •	 Medium to high.                                                         HOSTPLUS members receive the notional net investment earnings (positive or
      profile                •	 Likelihood of a negative annual return in any one year:                 negative) allocated to their member account. This is made up of a combined earning
                                one in every four to five years.                                        rate of all the underlying investment manager(s) of their selected investment option
      Investment             •	 Aims to produce consistent returns.                                     less any applicable fees and taxes.
      style                  •	 Investments through diversified investment portfolio,
                                                                                                        For example, the trustee may have invested $10 million in Balanced Equity
                                including some growth assets and some lower risk
                                                                                                        Management – Australian Shares. A member then exercises investment choice and
                                investments.
                                                                                                        directs the trustee to invest $10,000 of their account balance in that investment
      Asset mix                                                        Range              Benchmark     option. The trustee does not invest a further $10,000 (on top of the $10 million
                            Growth assets                                                      76%      already invested) but notionally allocates the net investment earnings received
                             Australian shares                        25 – 45%                 33%      from that investment option to the member’s account on the basis the member had
                                                                                                        notionally invested $10,000 in that investment option.
                             International shares                      10 – 30%                22%
                             Unlisted assets
                             – Infrastructure                           0 –10%                   6%
                             – Private equity                           0 –10%                   5%
                             – Alternatives                             0 –10%                   4%
                             Property                                   0 –15%                   6%
                             Defensive assets                                                  24%
                             Unlisted assets
                             – Infrastructure                           0 – 10%                  2%
                             – Alternatives                             0 – 10%                  6%
                             Property                                   0 –15%                   7%
                             Australian fixed interest                  0 – 20%               3.5%
                             International fixed interest               0 – 20%               3.5%

                             Cash                                       0 – 10%                  2%


                                                                 Growth assets
                                                                 Defensive assets

      Past                   Net fund earning rate to 30 June p.a.
      performance                             2010                                       8.1%
                                              2009                                     -13.1%
                                              2008                                      -3.6%
                                              2007                                      16.8%
                                              2006                                      15.5%
                             Compound average to 30 June 2010 p.a.
                                             3 year                                     -3.2%
                                             5 year                                      4.1%
                                             10 year                                     5.8%

     Past performance is not a guide to future performance. All net fund earning rates are after fees
     and taxes.




20                                        We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
Choose from five pre-mixed investment options                                       Labour standards and environmental, social and
These options are designed to make investing easy. They include the
                                                                                    ethical considerations when investing
HOSTPLUS default option as well as three other investment choices. They are:        The investment managers have their own policies on labour standards and
                                                                                    environmental, social and ethical considerations, which may be taken into
• Capital Stable;
                                                                                    account when they make investment decisions. In turn HOSTPLUS pays due
• Conservative Balanced;                                                            consideration to the contents of these policies when selecting investment
                                                                                    managers. As such, we take labour standards and environmental, social and
• Indexed Balanced;                                                                 ethical considerations into account when making investment decisions.

• Balanced (default); and                                                           Labour standards (‘LS’) considerations, for this purpose, may include workplace
                                                                                    health, safety and quality, child labour, slavery, human capital management,
• Shares Plus.
                                                                                    employee relations, diversity, access to medicine, as well as other matters.
Choose from five sector investment options
                                                                                    Environmental, social and ethical (‘ESE’) considerations may include issues
These options allow members to notionally invest their contributions in five        such as greenhouse gas emissions, climate change, renewable energy,
specific asset classes. They are:                                                   depletion of energy resources, chemical pollution, waste management,
                                                                                    depletion of fresh water, corruption, shareholder rights, business ethics, board
• Cash;                                                                             diversity, government relations, disclosure, distribution of fair trade products,
                                                                                    health and access to medicine, as well as a range of other matters.
• Diversified Fixed Interest;
                                                                                    HOSTPLUS, as a signatory to United Nations’ Principles for Responsible
• Property;                                                                         Investment (‘PRI’), engages with its fund managers to take labour standards
                                                                                    as well as the environmental, social and ethical considerations into account
• Australian Shares; and
                                                                                    in their investment analysis and decision-making processes. HOSTPLUS is a
• International Shares.                                                             member of the Australian Council of Superannuation Investors (ACSI), a body
                                                                                    that seeks to raise the standards of governance in the companies in which
Choose from 10 individual investment managers                                       superannuation funds invest.

These options are the perfect choice for members seeking maximum control            Some activities in this area include:
of their contribution and of who manages their investment. They are:
                                                                                    • LS and ESE matters are addressed in the fund’s investment
• Macquarie Investment Management – Australian Fixed Interest;                        policy statements;

• BlackRock Asset Management - International Fixed Interest                         • A number of investment managers take LS and ESE considerations into
                                                                                      account in their decision-making processes including stock selection;
• Industry Super Property Trust Core Fund – Property;
                                                                                    • The fund’s investment adviser integrate these factors in their research
• Lend Lease managed Australian Prime Property Funds                                  (to the degree they feel appropriate given the particular investment
  (Retail, Commercial & Industrial) – Property;                                       under consideration); and

• Balanced Equity Management – Australian Shares;                                   • Shareholder voting rights are exercised in relation to various matters,
                                                                                      including LS and ESE issues, as well as corporate governance issues, via
• Macquarie Investment Management – Australian Shares;
                                                                                      ACSI’s voting alert service, to which the fund subscribes.
• Paradice Investment Management (Small Cap) – Australian Shares;

• Perpetual Investment Management – Australian Shares;

• IronBridge Capital Management - International Shares; and

• Marvin & Palmer Associates – International Shares.

Please note, members should consider their individual portfolio (including
assets and investments outside of superannuation) to minimise risks
associated with investments which are not diversified in their own right.
Members should read the Member Guide Product Disclosure Statement to help
make their investment choice.




                                We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                            21
     Risks                                                                                      Typically, the greater an investment risk, the greater its potential return over the
                                                                                                long term.
     Risks can be divided into two main categories: investment risks and
     operational risks.                                                                         Other risks may also affect the accessibility or value of the
                                                                                                investment with any super fund. These include:
     Investment risks
                                                                                                • Liquidity risks. This refers to the ability to convert an investment into cash with
     All investments are subject to varying risks and can change in value. There are risks        little or no loss of capital and minimum delay. Some investments, such as direct
     in choosing to invest in superannuation and each investment option has different             property and private equity, are relatively illiquid. As such, the fund makes these
     risk characteristics and volatility.                                                         investments for the long term and limits the exposure of any investment option to
                                                                                                  these sectors.
     The most significant risks are:
                                                                                                • Security specific risks. Where an individual company or asset fails, for example
     •	 Risk that inflation may exceed the return on the investment. Inflation is                 through bankruptcy, fraudulent activity or the business environment in which it
        measured by the Consumer Price Index (CPI). Where the CPI increases, a certain            operates, the value of the investment can fall sharply.
        dollar amount has less purchasing power. When an investment provides a lower
        return than the increase in inflation, it actually loses value in terms of purchasing   • Derivatives risks. Derivatives are used to reduce risk or gain exposure to other
        power. Therefore, it is important to invest in assets that are expected to generate       types of investments where appropriate. HOSTPLUS does not generally invest
        returns in excess of inflation over the medium to long term.                              directly in derivatives, however, the managers of some of our investments
                                                                                                  may do so in order to assist with the effective management and protection of
     • Market risks. Economic, technological, political or legal conditions and even              HOSTPLUS assets. HOSTPLUS has a derivatives risk statement to govern the
       market sentiment can change and affect the value of investments.                           use of derivatives and ensures that fund managers comply with the HOSTPLUS
     • Changes in interest rates. Interest rate changes can have a positive or negative           risk policy.
       impact on investment returns across each asset class.
                                                                                                • Market failure. There is a risk of broad market failure or significant financial
     • Overseas investment. If we invest in other countries there is a risk their                 collapse that affects investments broadly. Such events are outside the control
       currencies could change in value relative to our dollar and, so, increase or               of the Trustee. Consequently, even long term investors like superannuation fund
       reduce the value of the investment.                                                        members should be mindful of the risk that if such high impact events occur, their
                                                                                                  benefits may be less than the total amount of contributions invested.
     • Investment styles. When choosing individual fund managers, varying
       investment styles will perform differently depending on the markets and                  Operational risks
       other factors.
                                                                                                Operational risks include the possibility of:
     •	 Risks associated with each individual investment, including the risk of
        financial loss. Individual investments can fall in value for many reasons.              • superannuation legislation changes that may affect the member’s benefit
        For example:                                                                              or ability to access a benefit;
       - Australian shares. Inflation, interest rates and changes in market conditions          • taxation changes that may affect the value of the member’s investment;
         will all have an effect on the value of shares, as does the performance of the
         company itself.                                                                        • economic or political climate changes;
       - International shares. The risks relating to international shares are the               • government policy and law changes;
         same as for Australian shares. Further, there are additional risks relating
         to exchange rates and currencies, and political risks associated with                  • particular events being excluded from insurance cover;
         investing in that country.
                                                                                                • insurance terms changes; and
       - Property. Returns on property rely on general economic factors such as
         inflation, interest rates and employment, as well as factors unique to the             • a fund’s termination, the trustee being replaced or investment
         property such as its location and quality.                                               managers changing.
       - Australian fixed interest. Changes in interest rates in particular will have an        Not all operational risks can be controlled by the trustee. These include risks
         impact on fixed interest investments so that, if interest rates change during          of changes in political climate and government policy. If a change occurs that
         the term of a loan, there could be capital gains or capital losses. Depending on       is likely to have a materially adverse effect on members, the trustee will inform
         the nature of the issuer of the investment, there is a varying level of risk that      members of the change.
         the borrower may default on repayment of the loan.
                                                                                                Operational risks that can be controlled to some extent by the trustee include
       - International fixed interest. Similar to Australian fixed interest but with
                                                                                                information management risks and the risk of not complying with the relevant laws.
         additional risks associated with exchange rates and currencies, and
                                                                                                The trustee has a compliance and risk management program in place to manage
         political developments.
                                                                                                these risks.
       - Unlisted assets. The usual risks associated with investing (eg. market risks,
         liquidity risks, credit risks) plus many other broader risks confined to a certain
         strategy employed.

     Each asset class and investment option has its own level of risk and return.




22                                     We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
         Our investments and investment managers at 31 March 2011
         Cash                                                                                     IFM Infrastructure Funds - Australian and International Infrastructure
         ING Investment Management Ltd                                                              – Industry Funds Management Pty Ltd
         JPMorgan Chase Bank, N.A.                                                                Macquarie Global Infrastructure Fund III
                                                                                                    – Macquarie Specialised Asset Management Limited
         Diversified fixed interest                                                               Utilities Trust of Australia
         Alternative Fixed Income Funds                                                             – Hastings Funds Management Limited
         – Industry Funds Management Pty Ltd                                                   • Private equity
         BlackRock Indexed World Government Bond Fund                                             Crown Europe Middle Market II Plc
         – BlackRock Asset Management Australia Limited**                                           – LGT Capital Partners (Ireland) Limited
         ING Investment Management Ltd                                                            Crown European Buyout Opportunities II Plc
         Macquarie True Index Australian Fixed Interest Fund                                        – LGT Capital Partners (Ireland) Limited
         – Macquarie Investment Management Limited*                                               Superpartners Pty Ltd
         Super Loans Trust                                                                        Industry Super Holdings Pty Ltd
         – ME Portfolio Management Limited                                                        IFM Private Equity Funds - Australian and International Private Equity Fund
         property                                                                                   – Industry Funds Management Pty Ltd
                                                                                                  Partners Group Secondary 2008, L.P.
         Australian Prime Property Funds (Retail, Commercial & Industrial)                          – Partners Group Management
         – Lend Lease Investment Management*                                                      Wilshire Private Markets Group – US, European, Asian and Australian
         Colonial First State Property Opportunistic Partnership                                  Private Equity
         – Colonial First State Property Limited                                                    – Wilshire Australia Pty Limited
         Goodman Australia Industrial Fund
         – Goodman Funds Management Australia Limited                                          australian shares
         Industry Superannuation Property Trust (Core Fund)                                    Acadian Wholesale Australian Equity Long Short Fund
         – ISPT Pty Ltd*                                                                       – Acadian Asset Management (Australia) Limited
         ISPT Development and Opportunities Fund I & II                                        Balanced Equity Management Pty Limited*
         – ISPT Pty Ltd                                                                        BNY Mellon Australian Equity 130/30 Trust
         Lend Lease Asian Retail Investment Fund                                               – Mellon Capital Management Corporation
         – Lend Lease Investment Management                                                    BT Wholesale Australian Long/Short Fund
         Lend Lease Communities Fund 1                                                         – BT Investment Management Limited
         – Lend Lease Investment Management                                                    Goldman Sachs Asset Management & Partners Australia Pty Ltd
         Lend Lease Real Estate Partners 3                                                     Greencape Capital Pty Limited
         – Lend Lease Investment Management                                                    Industry Funds Management Pty Ltd (Enhanced Indexed)
         Lend Lease V5 Trust                                                                   Industry Funds Management Pty Ltd (Strategic Australian Equities)
         – Lend Lease Development Pty Limited                                                  L1 Capital Pty Ltd
         Macquarie Real Estate Equity Fund 3, 5 & 6                                            Macquarie Investment Management Limited*
         – Macquarie Admin Services Pty Limited                                                Orbis Investment Management (Australia) Pty Ltd
         MGPA Asia Fund III                                                                    Paradice Investment Management Pty Ltd (Small Cap)*
         – MGPA                                                                                Paradice Investment Management Pty Ltd (Mid Cap)
         Retirement Villages Group                                                             Paradice Investment Management Pty Ltd (Large Cap)
         – Macquarie Capital Limited                                                           Perpetual Investment Management Limited*
         Select Property Portfolio No. 1, 2 & 3
         – AMP Capital Investors Limited                                                       International shares
         Stockland Residential Estates Equity Fund No. 1                                       Apostle Global Small-Mid Cap Fund
         – Stockland Funds Management Limited                                                  – Highclere International Investors Ltd
         Wholesale Property                                                                    – Vaughan Nelson Investment Management, L.P.
                                                                                               Baillie Gifford Overseas Limited
         Unlisted assets
                                                                                               BlackRock Fission Indexed International Equity Fund
         • Alternatives                                                                        – BlackRock Asset Management Australia Limited
            Apostle Loomis Sayles Credit Opportunities Fund                                    Eastpoint Global Pty Ltd
              – Loomis, Sayles & Company L.P.                                                  Esemplia Emerging Markets
            Aurora Offshore Fund Ltd. II                                                       Goldman Sachs Hedged Global Long Short Fund
              – Aurora Investment Management L.L.C.                                            – Goldman Sachs Asset Management & Partners Australia Pty Ltd
            Babson Capital Management LLC                                                      Independent Franchise Partners, LLP
            Bridgewater Pure Alpha Fund II, Ltd                                                IronBridge Capital Management, L.P.**
              – Bridgewater Associates, Inc                                                    Marvin & Palmer Associates, Inc.*
            GMO Multi Strategy Trust                                                           Orbis Institutional Global Equity Fund
              – GMO Australia Limited                                                          – Orbis Investment Management Limited
            Stone Tower Fund Management LLC                                                    Paradice Investment Management Pty Ltd (Global Small Cap)
         • Infrastructure                                                                      Wholesale Pooled Fund Special Strategies Portfolio
            Campus Living Villages Fund                                                        – Wellington Management Company
              – Campus Living Funds Management Limited
            CFS Infrastructure Fund (Anglian Water Group Sector)                               Currency
              – Colonial First State Property Limited                                          Mesirow Financial Investment Management Inc.




* Managers available as individual manager investment options. ** Managers available as individual manager investment options from 1 June 2011.



                                   We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                                 23
     Insurance
     The following insurance information is intended as a summary only. For all terms and conditions please contact HOSTPLUS to obtain copies of the policy documents
     or refer to the HOSTPLUS Member guide at hostplus.com.au



     As well as helping your employees’ retirement funds grow, we can help to protect          Death Only insurance cover (includes Terminal Illness cover)
     them – cost effectively – too. That’s why HOSTPLUS has selected OnePath Life Limited
     ABN 33 009 657 176 to provide three comprehensive insurance covers to members.            HOSTPLUS also offers the option of Death Only Insurance Cover for members at
                                                                                               the same benefit scale as Death and TPD Insurance Cover, at a cost of 75¢ per
                                                                                               unit, per week. Members who have previously received a TPD benefit from any
     Death and Total & Permanent Disability (TPD) and Death                                    other source will have their cover restricted to Death Only Insurance Cover.
     Only insurance cover
                                                                                               Factors that apply to both Death and TpD and Death Only Insurance Cover
     HOSTPLUS members can financially protect themselves and their loved ones with
     our Death and Total & Permanent Disability (TPD) Insurance Cover. Members may             • Employee members can apply for cover up to a maximum of $3 million in TPD
     choose to fix their premiums (Unitised) or fix their cover (Fixed benefit).                 Cover and $5 million in Death Cover.
                                                                                               • Costs for this cover are automatically deducted weekly from the member’s
     Death and TPD cover costs $1.50 per unit per week. Members in management or
                                                                                                 HOSTPLUS account.
     clerical roles may receive cover under the management/clerical (white collar) scale
     in which the level of cover per unit is higher for the same cost (please refer to the     • Some members can also significantly increase their cover under the management/
     next column headed Factors that apply to both Death and TpD and Death                       clerical scale (white collar), for the same cost. Eligible members must be employed
     Only Insurance Cover).                                                                      for at least 15 hours a week on an ongoing basis, and undertake occupational
                                                                                                 duties within an office or similar environment and be employed in the following
     Who’s eligible?                                                                             occupations: management, clerical, marketing, administration, accounting or similar
                                                                                                 lower risk occupations agreed to in writing by the insurer.
     Members are eligible for insurance cover if they are:
                                                                                               • Cover ends on the earliest of a number of events including when HOSTPLUS
     •	 a member of HOSTPLUS;                                                                    receives written instructions from the member for cover to end or at the end
                                                                                                 of the month in which the member has insufficient funds to pay the insurance
     •	 aged between 11 and 64.
                                                                                                 premium. For full details about employees’ insurance cover ceasing, please
     •	 an Australian citizen; or                                                                refer to our HOSTPLUS Member Guide Product Disclosure Statement.

     •	 a person who is a permanent resident, within the meaning of the                        Terminal Illness cover
        Migration Act 1958(Cth); or
                                                                                               Members that are insured for any death cover, are also covered for a Terminal
     •	 a lawful non-citizen, within the meaning of the Migration Act 1958(Cth)                Illness benefit.
        for whom the employer is required to make on-time contributions; and
                                                                                               An insured member is not eligible to claim a Terminal Illness benefit if they have
     •	 not an Excluded Member.                                                                lodged a claim for a TPD benefit. Similarly, an insured member is not eligible to claim
                                                                                               a TPD benefit if they lodge a claim for a Terminal Illness benefit. In the event of a
     An Excluded Member is a member who satisfies one or more of the following:
                                                                                               Terminal Illness benefit being paid, a member’s death benefit will be reduced by the
     •	 has declined, or elected not to be covered for benefits provided under any             amount of Terminal Illness benefits paid to that member.
        Group Life policy issued to the Trustee of HOSTPLUS;                                   The Terminal Illness benefit is the lesser of:
     •	 a member who is eligible to receive, or, has received, a lump sum benefit
                                                                                               • the insured amount; or
        for total and permanent disability from any source;
                                                                                               • $1 million.
     •	 a Member who has attained the age of 65;
                                                                                               If their death benefit is greater than $1 million dollars, the balance of the benefit is
     •	 for HOSTPLUS Personal Super Plan Members only, because their
                                                                                               payable upon their death as long as the insured member’s death occurs before they
        occupation excludes them from receiving insurance.
                                                                                               attain age 65, premiums have been paid for the reduced insured benefit and the
     automatic insurance                                                                       policy is still in force.

     Every eligible HOSTPLUS member aged between 25 and 64 automatically receives              Choosing unitised or fixed benefit cover
     two units of Death and TPD cover (at $3 per week) and members aged under 25
     automatically receive one unit of Death and TPD cover (at $1.50 per week) provided        When applying for Death Only or Death & TPD cover, members can choose either
     you make an on-time SG contribution within three months after the SG cut-off date as      unitised cover or fixed benefit cover. They cannot have a combination of unitised
     prescribed by law and subject to them being ’at work‘ on their commencement date.         cover and fixed benefit cover.

     The amount of cover members automatically receive is generally under the standard         Unitised cover
     scale although members in management or clerical roles may receive cover under the
                                                                                               With unitised cover the level of cover decreases as a member’s age increases, but
     management/clerical (white collar) scale (see opposite) in which the level of cover per
     unit is higher for the same cost.                                                         their insurance premium remains the same.

                                                                                               Fixed benefit cover
     Warning: If you fail to make the initial on-time SG payment for your employees within
     the required time, your eligible employees will not receive automatic insurance. This
                                                                                               With fixed benefit cover the level of cover stays the same but a member’s insurance
     may expose you to various forms of liability, including to your employees.                premium increases as they get older.

                                                                                               For full details about insurance please refer to our HOSTPLUS Member Guide
                                                                                               Product Disclosure Statement.


24                                   We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
Exclusions                                                                         Who’s eligible?

In the event of war involving Australia or the insured member’s (that is, your     Members are eligible for insurance cover if they are:
employee’s) country of residence the insurer may offer increased premium rates
                                                                                   •	 a Member of HOSTPLUS;
or exclude payment if the event giving rise to the claim is caused directly or
indirectly by war as defined in the Insurance Policy.                              •	 aged between 15 and 64;
                                                                                   •	 not currently in receipt of, or intending to, or entitled to apply for any form
Employees who are overseas
                                                                                      of sickness, accident or disability benefit(s) from any source such as a life
If a Member travels or resides overseas, they are covered for claims, provided        insurer or WorkCover authority;
that their insurance premiums continue to be paid from their account and they      •	 actively participating in their usual occupation on either a full-time or part-time
have sufficient funds in their super account to pay the premiums.                     basis or are self-employed and engaged to work at least 25 hours per week.

                                                                                   •	 an Australian citizen; or
  Specific life events cover                                                       •	 a person who is a permanent resident, within the meaning of the Migration
  To help ensure your employees’ Death and TPD cover keeps up with                    Act 1958(Cth): or
  them, whenever they take a big step forward – like buying a new home or          •	 a lawful non-citizen, within the meaning of the Migration Act 1958(Cth) for
  starting a family, they have the opportunity to take advantage of our life          whom the employer is required to make on-time contributions; and
  events cover. This feature allows them to increase their unitised cover by
                                                                                   •	 not an Excluded Member.
  one additional unit or under fixed benefit cover, by 25% of their current
  sum insured up to a maximum of $200,000, without the need to complete            An Excluded Member is a member who satisfies one or more of the following:
  lengthy paperwork or supply medical information.
                                                                                   •	 a Member who has attained the age of 65; or
  To obtain the additional cover under this feature, they must apply within        •	 a Member who works in an excluded occupation.
  6 months of:
                                                                                   Eligible members receive the following key benefits:
  •	 getting married;
                                                                                   • Up to 90% of their monthly pre-disability salary (as defined in the
  •	 the birth or adoption of a child/children;
                                                                                     insurance policy) of which a maximum of 75% is payable to the member
  •	 buying a house (your principle place of residence only);                        and the balance as a contribution to the member’s super account (subject to
  •	 taking out a mortgage or negotiating an increase                                a maximum benefit level of $25,000 per month or 250 units of cover, which
     to their existing mortgage (principle place of residence),                      ever is less).
  •	 taking out a business loan in excess of $100,000;                             • Immediate protection from the day a member’s application is accepted
  •	 increasing an existing business loan, by at least $100,000 (excluding           by the insurer. All applicants are advised in writing about the outcome of
     re-draw and refinancing).                                                       their application.

  They will need to provide proof that the event has occurred. If they have        • Benefits payable for a period of two years or to age 65 with a choice of
  Death Only cover, the increase will be for Death Only cover. If they               waiting periods of 30, 60 or 90 days. The waiting period is the time which a
  have Death and TPD cover, the increase will apply to both types                    member must be totally or partially disabled before any benefit is payable.
  of cover. Members can take up one life event cover increase every 12               Members are not entitled to any benefit during the waiting period.
  months, three increases in total in the lifetime of their membership.
                                                                                   Exclusions
  If a member has been previously declined in their application for insurance
                                                                                   No benefit will be payable to members if the injury or illness is caused directly
  by the insurer they will not be eligible for the Specific life events cover.
                                                                                   or indirectly by one of the following:
  To apply, member’s should use the Specific life events insurance form
                                                                                   • their intentional, self-inflicted act;
  available online at hostplus.com.au or call us on 1300 467 875 and we’ll
  send it to them.                                                                 • pregnancy unless they are disabled for more than three months after the end
                                                                                     of the pregnancy, in which case the waiting period is deemed to start on the
                                                                                     later of the date total disablement begins and the end of the pregnancy; or
Salary Continuance insurance cover                                                 • war or act of war as defined in the insurance policy.

HOSTPLUS members can also choose to protect their income with our                  In addition to the above, the insurer may refuse to pay any benefits:
Salary Continuance Insurance Cover. It provides a monthly benefit when
members are unable to work as a result of total disability or partial disability   • while a Member is imprisoned;
due to either injury or illness. Cover is subject to underwriting and it takes     • if the premium has not been paid in respect of all members insured under
effect after a waiting period (30, 60 or 90 days) selected by the member and         the insurer’s policy;
is payable for up to two years or to age 65. Premiums are determined by age,
gender, amount of cover, occupation, benefit period and waiting period.            • if a Member does not comply with the insurer’s claim requirements; or
                                                                                   • where the insurer’s assessment of the claim is prejudiced.




                               We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                                 25
       Special insurance offer on joining for
       new members
       As a new employer sponsored member of HOSTPLUS, your employees have
       the opportunity to:

       •	 Increase their unitised Death and Total & Permanent Disability cover
          by an additional one or two units; or
       •	 Apply for fixed benefit Death and Total & Permanent Disability cover
          of up to $500,000; and
       •	 Apply for Salary Continuance insurance cover for up to $4,000 per
          month with a benefit period of up to two years,

       without providing a full health statement.

       This special offer is available as a one-off opportunity when members first
       complete their Membership application form to join HOSTPLUS. It is
       available if they elect this option on their Membership application form, and
       return the forms within 6 months from the effective date from the first on time
       SG contribution is received or within 60 days from the day they receive their
       HOSTPLUS welcome letter, whichever is the later.

       This offer is only available to new members joining HOSTPLUS and who don’t
       have any current/existing memberships with HOSTPLUS.




     Changes and cancellations
     Members can increase their HOSTPLUS insurance cover at any time by simply
     completing an application or applying online at hostplus.com.au through their
     SuperSite account. They can also cancel their insurance cover at any time by
     writing to HOSTPLUS.

     Visit hostplus.com.au for more information about insurance. The HOSTPLUS
     member guide has full details of insurance available to members.
     Visit hostplus.com.au




26                                 We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
Fees and other costs
Consumer Advisory Warning


    DID YOU KNOW?
    Small differences in both investment performance and fees                                            Members may be able to negotiate to pay lower contribution fees
    and costs can have a substantial impact on a member’s long-                                          and management costs where applicable. Members should ask the
    term returns.                                                                                        fund or their financial adviser.*

    For example, total annual fees and costs of 2% of a member’s
    fund balance rather than 1% could reduce their final return by up                                    To find out more
    to 20% over a 30-year period (for example, reduce it from $100,000
                                                                                                         For members who’d like to find out more, or see the impact of the fees
    to $80,000).
                                                                                                         based on their own circumstances, the Australian Securities and
    Members should consider whether features such as superior                                            Investments Commission (ASIC) website www.fido.asic.gov.au has a
    investment performance or the provision of better member services                                    superannuation fee calculator to help check out different fee options.
    justify higher fees and costs.


* This statement is required by law. HOSTPLUS doesn’t charge contribution fees and, as a fund run to benefit members, we charge fees set on a cost recovery basis. As such a licensed financial
  adviser is unable to negotiate fee changes.


This section of the document shows fees and other costs that may be charged to members. These fees and costs may be deducted from their money, from the
returns on their investment or from the fund assets as a whole. You should read all the information about fees and costs because it is important to understand
their impact on a member’s investment.

Taxes and insurance costs are outlined in their respective sections. Fees and costs for particular investment options are set out on page 30.


HOSTPLUS fees and other costs at a glance

  Type of fee or cost                                                                   Amount                                                       How and when it is paid

  Fees when a member’s money moves in or out of fund

  Establishment fee – the fee to open a member’s investment.                            Nil.                                                         Not applicable.

  Contribution fee – the fee on each amount contributed to a                            Nil.                                                         Not applicable.
  member’s investment, either by the member or employer.

  Withdrawal fee – the fee on each amount a member takes                                Nil.                                                         Not applicable.
  out of their investment.

  Termination fee – the fee to close a member’s investment.                             Nil.                                                         Not applicable.

  Management costs*

  The fees and costs for managing a member’s investment.
  Fees deducted from a member’s account
  Member fee.                                                                           $78.00 p.a. ($1.50 per week)                                 The dollar cost is calculated weekly
  Expenses indirectly deducted                                                                                     +                                 after tax, and deducted from the
                                                                                                                                                     member’s account half-yearly.
 Indirect cost ratio (ICR) or investment expenses and performance                       The ICR varies according to the chosen
 fees – the annual percentage fees for managing a member’s investment.                  investment option(s) and ranges from 0.00%                   The annual percentage expense is
  The amount a member pays for a specific investment option                             to 1.97% p.a.                                                deducted from investment returns
  is shown on page 30.                                                                                                                               before the after-tax net fund earning
                                                                                                                                                     rate is declared each week.

  Service fees †

  Investment switching fees – the fee for changing investment options                   Nil.                                                         Not applicable.

* See Additional explanation of fees and costs for a breakdown on the management costs.
† See Additional explanation of fees and costs for information on all other fees which may be payable.




                                    We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                                                  27
     Additional explanation of fees and costs                                                For BT Australian Long / Short Fund the performance fee is 15% of the amount
                                                                                             (if any) by which the Fund’s investment performance (before fees) exceeds the S&P/
     Investment expenses for each investment option                                          ASX200 Accumulation Index. It is only payable when any applicable performance
                                                                                             deficit has been recouped, such that any performance deficit will need to be
     Where applicable, all fees and costs disclosed include GST less any input tax credits   offset by future positive performance fees before any performance fee becomes
     and/or stamp duty.                                                                      payable. This means the performance deficit must be recovered in dollar terms
                                                                                             before any performance fee can be accrued. If a performance fee is payable, it is
     Management costs cover the cost of investing the fund’s assets and include base
                                                                                             payable annually as at 30 June. The performance fee is payable in relation to the
     and performance fees, asset consulting, bank fees and custodian costs. More
                                                                                             performance of the Fund as a whole during each year and does not necessarily
     specifically they include any expenses deducted indirectly.
                                                                                             reflect the performance of any individual unitholder’s investment.
     These are also known as indirect cost ratio (ICR) and are deducted from investment
                                                                                             For Campus Living Villages Fund the manager is entitled to 20% of returns above
     returns before the earning rates are declared. The management costs or ICR can
                                                                                             the 8% hurdle with a limit on total fees (base and performance) of 1.5% of net asset
     be broken down into the following two components and are an additional cost to
                                                                                             value. $773,000
     members.
                                                                                             For CFS Infrastructure Fund (Anglian Water Group Sector) the performance fee
     1. Investment expenses
                                                                                             is calculated at a rate of 20% of any over performance to the Consumer Price Index
     The ICR for each investment option is outlined in the table on page 30. The amount      plus 7%. $120,500
     paid annually for each investment option was calculated as at 30 June 2010 and
                                                                                             For Colonial First State Property Opportunistic Partnership the performance
     takes into account the expenses that have accrued and/or been paid, as well as
                                                                                             fee is calculated at a rate of 33.3% of any over performance to the pre-tax hurdle
     certain underlying expenses charged indirectly to the investment. These investment
                                                                                             rate of 12.5% internal rate of return.
     expenses may change. Annual revisions to the ICR for an investment option will be
     made available at hostplus.com.au and in future versions of this guide.                 For Crown European Buyout Opportunities II Plc (CEB II) a performance fee
                                                                                             is accrued based on a percentage of the gain in CEB II’s value over the year, but
     2. performance fees                                                                     only if it exceeds net contributed capital plus a hurdle of 8% compounded rate
                                                                                             of return. The performance fee also depends on the type of investment on which
     In certain circumstances performance fees are payable to investment managers if
                                                                                             the gain has arisen and will only be payable when the contributed capital and
     they outperform required performance targets. These performance fees are detailed
                                                                                             the hurdle have been distributed back to the investors. Gains on primary and
     below and will vary between investment managers. The performance fees form
                                                                                             secondary investments attract performance fees of 5% and 10% respectively.
     part of the Investment Management Costs in the Investment Expenses table. The
                                                                                             Thereafter, any amount remaining after payment of the amounts outlined above
     performance fees (if any) will be passed on to members by reductions in the price of
                                                                                             shall be split in the following ratio: 95% (in the case of primary investments) and
     the investment option.
                                                                                             90% (in the case of secondary investments) to shareholders and 5% (in the case
     The dollar figure in bold is the approximate performance fee paid or expected to be     of primary investments) and 10% (in the case of secondary investments) to the
     paid for the financial year ending 30 June 2010.                                        investment manager of CEB II.

     For Acadian Wholesale Australian Equity Long Short Fund the performance fee             For Esemplia Emerging Markets – International Shares (Emerging Markets)
     is calculated as 15% of the gross return (before management fees) above the S&P/        portfolio the performance fee is calculated at 20% of any outperformance of the
     ASX300 Accumulation Index.                                                              portfolio relative to a hurdle of 4% over the MSCI Emerging Markets Net (AUD)
                                                                                             Index over a rolling three year period, which shall not exceed an amount equal to
     For AMP Select Property Portfolio I the performance fee is calculated at a rate of      1.2% (exclusive of base fee) of the average value of the assets of the portfolio
     20% after capital return and hurdle return of 10% per annum.                            during that year. $220,248

     For AMP Select Property Portfolio II and III the performance fee is equal to 30%        For GMO Multi Strategy Trust the performance fee is calculated at a rate of
     of remaining proceeds after unit holders have received grossed up proceeds equal        20% of any performance in excess of the UBS Australia Bank Bill Index plus the
     to the aggregate paid up capital and have received grossed up proceeds equal to         base fee of 1%. Any negative underperformance is carried forward so that there
     12% return per annum of paid up capital.                                                is nothing payable until the previous underperformance has been extinguished.

     For Aurora Offshore Fund II a performance fee is calculated at 20% of any new           For Goldman Sachs JBWere Hedged Global Flex Fund the performance fee is
     appreciation above the high water mark and a quarterly hurdle rate of 1.25%.            calculated as 20% (excluding GST) of excess return above the MSCI World Index (ex
     New appreciation is defined as realised and unrealised gains and interest income        Australia) in AUD.
     reduced by expenses. A fee cap of 4%, covering management and performance
     fees, applies. $2,075,000                                                               For Goodman Australia Industrial Fund the performance fee is calculated at a
                                                                                             rate of 15% of any over performance to the 10-year Australian Government bond
     For Australian Prime Property Fund Retail the performance fee is calculated at          yield plus 3.5%.
     15% of rolling annual total return less 9% applied to gross assets calculated and
     paid six monthly and capped at 0.2% in each six month period.                           For Greencape Capital Pty Ltd – Australian Shares portfolio the performance
                                                                                             fee is calculated at a rate of 15% of any over performance above the S&P/ASX200
     For Babson Capital - Alternatives the performance fee is calculated at 20% of the       Accumulation Index plus 3%. $348,824
     portfolio’s over performance where the portfolio exceeds its benchmark return of 8%
     per annum plus base fees. $1,225,414                                                    For Industry Funds Management Pty Ltd – Enhanced Indexed Australian
                                                                                             Shares portfolio the performance fee is calculated at a rate of 12% of any over
     For BNY Mellon Australian Equity 130/30 Trust the performance fee is calculated         performance to the S&P/ASX200 Accumulation Index ex-LPTs. $5,053
     at a rate of 22% (GST inclusive) based on over performance to the S&P/ASX200
     Accumulation Index. $278,000




28                                 We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
For IFM Australian Private Equity Fund IV, a performance fee will be                   For Orbis Institutional Global Equity Fund a performance fee
payable on co-investments. This will be 10% of the surplus after the return to         of 25% of outperformance against the FTSE World Total Return Index is
the fund of the invested capital and expenses of the co-investments and the            accrued in a fee reserve. This reserve is invested in the underlying strategy and
receipt of 8% per annum return by the fund on co-investment.                           refundable at the same rate if superior performance is subsequently lost. The
                                                                                       Manager’s draw on the fee reserve is capped. $2,294,000
For IFM International Private Equity Fund III, the performance fee will be
5% on the IFM Discretionary Portfolio exit proceeds in excess of the return            For Paradice Investment Management – Australian Shares (Small Cap)
to the fund of the drawn capital and expenses of all the IFM Discretionary             the performance fee is calculated at a rate of 10% of any over performance to
Portfolio investments undertaken and the receipt of an 8% per annum return to          the S&P/ASX Small Ordinaries Accumulation Index. $2,323,547
the fund.
                                                                                       For Paradice Investment Management – Australian Shares (Mid Cap)
For Lend Lease Asian Retail Investment Fund the investment manager is                  the performance fee is calculated at a rate of 15% of any over performance to
entitled to a performance fee when:                                                    the composite index consisting of 70% S&P/ASX Mid-Cap 50 Accumulation
                                                                                       Index and 30% S&P/ASX Small Ordinaries Accumulation Index. $1,117,897
(a)   20% of amount (if any) by which the development phase internal rate of
      return exceeds 12% up to and including 15%, and                                  For Paradice Investment Management – Australian Shares (Large Cap)
(b)   30% of the amount (if any) by which the development phase internal rate          the performance fee is calculated at a rate of 15% of any over performance to
      of return exceeds 15%.                                                           the S&P/ASX200 Accumulation Index. $516,663
(c)   15% of the amount (if any) by which the total return, after fund expenses        For Paradice Investment Management – International Shares (Small
      but before base fees and tax, exceeds the benchmark rate. This                   Cap) the performance fee is calculated at 15% of any over performance to the
      performance fee is capped at 0.25% per half year on gross asset value            benchmark S&P BMI US$1bn-US$5bn Cap Range Index, with a limit on total
      with any over/under performance carried forward.                                 fees (base and performance) of 2% of average market value. $2,318,000
For Lend Lease Communities Fund I the investment manager is entitled to                For Retirement Villages Group the performance fee is calculated at a rate of
a performance fee calculated at a rate of 40% on project completion where              20% of any over performance to the benchmark return of 11% per annum after
the investment return exceeds 12% per annum fund internal rate of return (the          bank fees.
realised returns on equity).
                                                                                       For Stockland Residential Estates Equity Fund No. 1 the performance fee is
For Lend Lease Real Estate Partners 3 the investment manager is entitled               calculated at a rate of 35% of the residual profit on each project after investors
to a performance fee representing 20% of the excess return above a leveraged           receive a pre-tax internal rate of return (IRR) of 14% per annum on the Drawn
IRR of 13% per annum after establishment costs, base fees and expenses but             Investor Capital net of fees and expenses. Performance fees are paid on
before the performance fee and tax.                                                    completion of each project but will be clawed back if all projects in aggregate
                                                                                       do not generate an overall pre-tax IRR of 14% per annum.
For MGPA Asia Fund III the performance fee is calculated at 20% of all
distributions after:                                                                   For Stone Tower Capital – Alternatives the performance fee is calculated at
                                                                                       20% of the portfolio’s performance where the portfolio exceeds its benchmark
(a)   an amount equal to 100% of capital contribution has been distributed
                                                                                       return of 8% per annum, cumulative until 30 June 2012.
      back to Limited Partners, and
(b)   a performance hurdle of a simple return of 12% per annum on each                 For Utilities Trust of Australia the performance fee is calculated at a rate of
      capital contribution from date called to end of the term has been met.           10% of any over performance to the 10-year Australian Government bond yield
                                                                                       plus 4%, and is only payable on disposal of an asset.
For Macquarie Global Infrastructure Fund III the performance fee is
calculated at a rate of 20% when the portfolio earns more than 8% per annum.           For Wilshire Private Markets Group the performance fee is payable after:

For Macquarie Real Estate Equity Fund 3 and 5 the performance will be                  (a)   all capital contributions have been returned to the unit holders
payable upon project completion and will be capped at 40% of the remaining             (b)   an internal rate of return of 15% per annum has been achieved on the
proceeds after the payment of all project related debt facilities, all expenses and          contributed capital
capital invested in the project, together with a pre-tax hurdle rate of 13% internal
                                                                                       (c)   up to 10% of cumulative distribution has been received by the manager.
rate of return per annum. The performance fee is subject to claw back at the
completion of the Fund in the event that investors do not receive an overall return    Thereafter, the manager receives 10% of the net distribution. Wilshire Private
on drawn investor capital of 13% per annum (pre-tax and net of fees) over the life     Markets Asia No. 1 Fund. $300
of the Fund.
                                                                                       The above description of performance fees is current as at 30 June 2010.
For Macquarie Real Estate Equity Fund 6 the performance will be payable
upon project completion and will be capped at 30% of the remaining proceeds            Any revisions to the performance fees will be made available in future
after the payment of all project related debt facilities, all expenses and capital     versions of this guide.
invested in the project, together with a pre-tax hurdle rate of 10% internal
rate of return per annum. The performance fee is subject to claw back at the           The investment expenses in the table on page 30 include performance fees.
completion of the Fund in the event that investors do not receive an overall
return on drawn investor capital of 10% per annum (pre-tax and net of fees)
over the life of the Fund.

For Orbis Investment Management – Australian Shares a performance
fee of 20% is calculated on the outperformance of the mandate relative to
the S&P/ASX300 Accumulation Index, and subject to a high water mark.
$1,225,000




                                We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                                29
     Investment expenses

      Investment option                                                                         Investment               Performance             Total Investment          Total Investment
                                                                                               Management                   fees*                 Management                Management
                                                                                                   costs                                           costs before               costs after
                                                                                                                                                  applicable tax              applicable
                                                                                                                                                    deduction               tax deduction


      Pre-mixed options

      Capital Stable                                                                               0.47%                     0.03%                     0.50%                     0.43%

      Conservative Balanced                                                                        0.53%                     0.05%                     0.58%                     0.49%

      Indexed Balanced**                                                                           0.04%                     0.00%                     0.04%                     0.04%

      Balanced                                                                                     0.61%                     0.09%                     0.70%                     0.60%

      Shares Plus                                                                                  0.60%                     0.05%                     0.65%                     0.55%

      Sector investment options

      Cash                                                                                         0.05%                     0.00%                     0.05%                     0.04%

      Diversified Fixed Interest                                                                   1.03%                     0.00%                     1.03%                     0.88%

      Property                                                                                     0.68%                     0.00%                     0.68%                     0.58%

      Australian Shares                                                                            0.40%                     0.19%                     0.59%                     0.50%

      International Shares                                                                         0.50%                    -0.15%                     0.35%                     0.30%

      Individual manager options

      Macquarie Investment Management – Australian Fixed Interest                                  0.00%                     0.00%                     0.00%                     0.00%

      BlackRock Asset Management - International Fixed Interest***                                 0.09%                     0.00%                     0.09%                     0.08%

      Industry Super Property Trust Core Fund – Property                                           0.29%                     0.00%                     0.29%                     0.25%

      Lend Lease managed Australian Prime Property Funds
                                                                                                   0.69%                     0.00%                     0.69%                     0.59%
      (Retail, Commercial & Industrial) – Property
      Balanced Equity Management – Australian Shares                                               0.20%                     0.00%                     0.20%                     0.17%

      Macquarie Investment Management – Australian Shares                                          0.19%                     0.00%                     0.19%                     0.16%

      Paradice Investment Management (Small Cap) – Australian Shares                               0.75%                     1.57%                     2.32%                     1.97%

      Perpetual Investment Management – Australian Shares                                          0.38%                     0.00%                     0.38%                     0.32%

      IronBridge Capital Management - International Shares***                                      0.46%                     0.00%                     0.46%                     0.39%

      Marvin & Palmer Associates – International Shares                                            0.60%                     0.00%                     0.60%                     0.51%


     Most superannuation funds pay fees to investment managers to invest and                The expenses that will be payable for the 2010 – 11 financial year will be calculated
     manage their assets.                                                                   as at 30 June 2011.

     Investment expenses are deducted from investment returns before returns                PricewaterhouseCoopers have performed independent procedures over
     are applied to a member’s account. All returns declared are net of                     the calculation of the above investment costs and confirmed that they
     these expenses.                                                                        were calculated in accordance with the trustee’s policy.

     The table above shows the investment expenses paid for the financial year ended        * The performance based cost component comprises actual fees paid and estimates of fees to be
                                                                                              paid for the financial year ending 30 June 2010. The total management cost after the applicable
     30 June 2010, based on the funds under management in each investment option.             tax deduction includes the investment management costs and performance fees.
                                                                                            ** This is a new investment option available from 1 December 2010. The figure shown is an
     The costs for each of the investment options are in addition to the $1.50 per week
                                                                                               approximation of expenses had this investment option existed for a full financial year.
     member fee ($78 per year).
                                                                                            *** This is a new investment option available from 1 June 2011. The figure shown is an
                                                                                                approximation of expenses had this investment option existed for a full financial year.
     As the investment management costs attract a tax deduction, the total investment
     management costs after applicable tax deduction is the amount incurred by
     members. These costs are deducted before the net earnings for each investment
     option are declared and applied to members’ accounts.




30                                 We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
We protect small accounts from fee erosion
Member protection rules apply any time a member’s account balance is less
than $1,000. If a member’s account includes or has included SG or award
contributions, the management costs deducted won’t exceed the net earnings
applied to their account for that year.

During periods of poor investment returns, management costs are limited to
any positive investment return plus up to $10 per protected account, which
will be deducted from the account. Management costs don’t include insurance
premiums and taxes, which will be deducted from a member’s account as
applicable.


Processes for changes to fees and other costs
The trustee reserves the right to increase fees and other costs. If this occurs
we’ll advise members in writing at least 30 days prior to the increase.


Example of annual fees and costs for the
Balanced option
The table below gives an example of how fees and costs in the Balanced
investment option can affect a member’s superannuation investment over a
1 year period. You should use this table to compare this product with other
superannuation products.


    Example: HOSTPLUS Balanced option

    Balance of $50,000 with total contributions of $5,000 during the year

    Contribution          Nil.                   For every $5,000 you put in,
    fees                                         you’ll be charged $0.

    Plus:                 0.60% p.a.             And, for every $50,000 you have in
    Management            + $78 member           the fund, you will be charged $300
    costs                 fee p.a. ($1.50        each year, plus $78 in administration
                          per week).             fees regardless of your balance.

    Equals:                                      If you put in $5,000 during a year
    cost of fund                                 and your balance was $50,000, then
                                                 for that year, you will be charged
                                                 fees of:
                                                 $378*
                                                 What it costs will depend on
                                                 the investment option you
                                                 choose, and the fees you
                                                 negotiate with your fund adviser.#


* Additional service fees may apply as previously described in Additional explanation of fees
  and costs on pages 28 and 29.
#
    The wording in this section is prescribed by law. Please note our fees are not negotiable.

The figures are current as at 1 June 2011 and are subject to change.




                                      We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au   31
     Frequently asked questions Now that you know more about HOSTPLUS,
     what your super obligations are and how we can help make super easy for you, we’re sure you’ve come to the same
     conclusion as more than 78,000 employers – HOSTPLUS is the right choice for you. All you need to do now
     is complete and return the Participating employer application form. We’ve even included a handy checklist for you.
     Also in this section, we answer some of your questions and explain the super terms used in this guide.


     Q. How do I make HOSTPLUS my employer fund under Super Choice?                          Q. When do I need to make HOSTPLUS contributions?

     A. If you are not a current HOSTPLUS employer, you can join HOSTPLUS online             A. Payments are to be made by the 14th day of the month following the
        by visiting hostplus.com.au and completing the online application or by                 month in which contributions are payable.
        completing the application contained in this guide. If you need assistance
        completing your application, we’re happy to help. Just call 1300 HOSTPLUS                For example, the monthly contribution for September is to be received by
        (1300 467 875), 8am – 8pm, Monday to Friday. Once you sign up you can relax              HOSTPLUS by 14 October. Most employers make monthly contributions.
        knowing you’re working with a team fully committed to you, your employees                If your business is not bound by an award or workplace agreement that
        and your industry.                                                                       requires monthly contributions, you can notify us and make your payments
                                                                                                 quarterly. See page 16 for more information about making monthly and
                                                                                                 quarterly contributions.
     Q. are there any fees that employers need to pay HOSTPLUS?

     A. No. It’s a very clear advantage we offer you.                                        Q. How do I get a refund?

                                                                                             A. Refunds to employers can only be made if they are the result of a clerical error,
     Q. What administrative support does HOSTPLUS give employers?
                                                                                                computer malfunction or other mistakes, such as inadvertent payment. To
     A. Everything we do is designed to streamline your super administration.                   request a refund, call 1300 HOSTPLUS (1300 467 875) for a refund application
        For instance, we provide specialist help, online, in person and over the phone.         form and return with supporting documentation.
        We also give you contribution payment options. You can pay by direct debit,
        cheque, internet and by supplying your details using one of over 60 compatible           Any interest earned on monies paid to HOSTPLUS that are later required to be
        payroll systems. For help choosing the best payment option for you, just call            returned or refunded are retained by HOSTPLUS (unless otherwise required by
        HOSTPLUS.                                                                                law). Refund requests cannot be approved and refunds also cannot be processed
                                                                                                 for members who have left HOSTPLUS or if the employer is in arrears.

     Q. How do I add new employees to HOSTPLUS?                                                  HOSTPLUS will write to members before any refund is issued.
     A. When you make an employee’s first contribution, simply add their full name,
        address, date of birth and Tax File Number to your payment record.                   Q. What if I have no contributions to make?

     Q. How do I determine if an employee is eligible for the Superannuation                 A. If you did not employ any staff who were eligible for SG payments you must
        Guarantee (SG) contribution?                                                            notify us with your payment record stating nil for the month or quarter or advise
                                                                                                us by phone.
     A. You’ll find that most employees are eligible for the SG contribution. The SG
        contribution is generally available for employees aged between 18 and 70.            Q. My employees have some tough questions about the investment
        However conditions and exceptions apply. For further details see page 11.               opportunities. How do I advise them?

                                                                                             A. Each employee who joins HOSTPLUS will receive a Member Guide that
     Q. What if an employee wants to transfer some of their super from their
                                                                                                explains HOSTPLUS investment options and provides answers to key
        HOSTPLUS account to another fund?
                                                                                                investment questions. If they have more questions they should call HOSTPLUS
     A. A member can transfer part of their account balance from HOSTPLUS                       or speak with a licensed financial adviser. Remember, members are entitled to
        to another complying super fund if:                                                     a free, initial fact finding consultation with a licensed financial planner from
                                                                                                Industry Fund Financial Planning (IFFP) a division of Industry Fund Services
         • the amount they transfer does not reduce their HOSTPLUS account                      Pty Ltd ABN 54 007 016 195, AFSL 232514. Consultations can be arranged
           balance to less than $5,000, and                                                     by calling 1300 HOSTPLUS (1300 467 875). As an employer, unless you hold
                                                                                                an appropriate AFSL you are prohibited by law from providing advice.
         • they have not made a request to transfer funds in the last 12 months.

         Transferring the balance may have an impact on their insurance cover,
         as continuation is subject to maintaining sufficient funds to meet insurance
         premiums. If their cover lapses they will need to reapply for insurance cover.




32                                  We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
Q. Can my employees make contributions for their spouses?                          Q. Besides the contributions, what else do you need from me?
A. Yes. There may even be tax benefits for doing so. For instance, if a            A. HOSTPLUS needs to hear from you when an employee changes their
   spouse is a low wage earner or not working, members who make                       address details or leaves your employment. And don’t forget to supply
   contributions on their behalf may benefit from a tax rebate. For more              the full name, address, date of birth, membership number and Tax File
   information and a spouse contributions brochure, call 1300 HOSTPLUS                Number of any new member on your next payment record.
   (1300 467 875), 8am – 8pm, Monday to Friday.
                                                                                   Q. What are the situations in which a member can access
Q. What is super splitting?                                                           their superannuation?
A. While super funds aren’t required to offer super splitting, HOSTPLUS
                                                                                   A. Subject to the governing rules of HOSTPLUS, preserved benefits can
   offers the benefits of super splitting to members.
                                                                                      only be paid if a member:
    Under HOSTPLUS super splitting rules, eligible contributions can be
                                                                                       • attains permanent retirement from the workforce on or after their
    split between spouses and de facto couples after the end of each
                                                                                         preservation age (see glossary and preservation age chart on page 34);
    financial year.
                                                                                       • retires from employment after age 60;
    Only concessional contributions (ie. employer SG, salary sacrifice,
    additional employer contributions and deductible contributions made                • is terminated where their preserved benefit is less than $200;
    by the self-employed) are eligible for super splitting with a spouse.
    Members can split up to 85% of these concessional contributions.                   • reaches age 65 (regardless of whether they have retired);

    The following also cannot be split:                                                • dies;

    • personal after-tax contributions;                                                • becomes totally incapacitated;

    • amounts rolled over or transferred from another fund; and                        • has a terminal medical condition;
    • amounts subject to a family law payment split.
                                                                                       • has grounds of severe financial hardship (only if approved by the trustee);
    A $60 administration fee will be payable by the splitting member for each
                                                                                       • has compassionate grounds as approved by the Australian Prudential
    transaction which will be deducted from the member’s accounts.
                                                                                         Regulation Authority;
    The fund needs to receive contribution splitting advices by 31 May for the
                                                                                       • permanently departs Australia if they are an eligible temporary
    previous financial year’s contributions.
                                                                                         resident; or

                                                                                       • on complying with any other condition of release specified under
    Split funds will be allocated in arrears once a year. Split contributions            superannuation law.
    will be transferred from the member’s account to their spouse’s
    HOSTPLUS account where they will be fully preserved. To find out               Q. What if I need to cease contributions?
    more about super splitting members should call 1300 HOSTPLUS
                                                                                   A. If you are no longer employing staff which requires you to pay
    (1300 467 875).
                                                                                      contributions to HOSTPLUS, you have the option to temporarily inactivate
                                                                                      your account or cease your account. Please call us to discuss these
                                                                                      options.
Q. What if I or a member has a complaint?

A. See Enquiries and complaints on page 36.                                        Q. Is there a minimum account balance for members?

                                                                                       While members are not required to maintain a minimum account balance,
                                                                                       if their balance does fall to less than $400 and we have received no
                                                                                       contributions for more than 18 months, HOSTPLUS may transfer that
                                                                                       balance to our eligible rollover fund, AUSfund. For more information call
                                                                                       AUSfund on 1300 361 798.


                                                                                   Q. What is the relationship between HOSTPLUS and companies it
                                                                                      invests through?

                                                                                   A. We have an arm’s length commercial relationship with the companies we
                                                                                      invest in. The trustee undertakes that it will not deal with any companies
                                                                                      in which it has an interest more favourably than it would deal with any
                                                                                      other independent service provider.




                               We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                            33
     Glossary                                                                                personal contributions

     award superannuation                                                                    The after-tax contributions made by members to their super account.
                                                                                             These are now called non-concessional contributions.
     Super entitlements as set by either a State or Federal award registered by a
     relevant industrial relations body.                                                     preservation age

     Benefit                                                                                 From 1 July 1999, all employer and personal contributions and all
                                                                                             investment earnings on these contributions must be preserved. Preserved benefits
     A member’s benefit is based on the dollar amount of super that he or she has in         can be rolled into another complying super fund, retirement savings account or
     the fund (after accounting for tax and expenses) and in the event of their death        approved deposit fund at any time.
     or total and permanent disablement, this is the dollar amount of the benefit
     (including any insurance component) that will be paid to either the member or           Any amounts that were non-preserved benefits as at 1 July 1999 will remain
     their dependents or legal personal representative.                                      non-preserved, and will not increase unless a member transfers or rolls over other
                                                                                             non-preserved benefits into HOSTPLUS. However, the net earnings earned on these
     Contributions                                                                           benefits will be preserved. If a member transfers or rolls over benefits (including
                                                                                             preserved benefits) at any time to another complying super fund, retirement savings
     Regular payments into a member’s super account, including employer SG
                                                                                             account or approved deposit fund, the benefits will retain their status and remain
     contributions and voluntary contributions an employee may choose to make in
                                                                                             subject to the preservation rules in the new fund.
     addition. Spouse contributions and salary sacrifice are also possible and have their
     own tax and legislative regulations. For more information call
     1300 HOSTPLUS (1300 467 875), 8am–8pm, Monday to Friday.                                  Date of birth                                       Preservation age

     Default fund                                                                              After June 1964                                             60

                                                                                               July 1963 – June 1964                                       59
     See employer fund below.
                                                                                               July 1962 – June 1963                                       58
     Eligible rollover fund
                                                                                               July 1961 – June 1962                                       57
     If a member’s account balance is less than $400 and has received no contributions
     for more than 18 months, we may transfer it to our eligible rollover fund, AUSfund.       July 1960 – June 1961                                       56
     For more information call AUSfund on 1300 361 798.                                        Before July 1960                                            55
     Employer contributions

     Contributions made to a member’s super account by their employer. These are now         Rollover
     called concessional contributions.
                                                                                             The transfer of a benefit in the form of a lump sum to a super fund, an approved
     Employer fund                                                                           deposit fund or deferred annuity.

     The complying super fund an employer selects as their default fund to which they        Salary sacrifice arrangement
     will pay contributions on their employees’ behalf unless the eligible employee
                                                                                             An arrangement between an employer and employee where the employee’s total
     chooses an alternative fund. Also known as a default fund.
                                                                                             remuneration is reduced by a certain amount and the employer’s contribution
     Lump sum                                                                                to the super fund for that employee is increased by the same amount, less
                                                                                             contributions tax.
     A super payment or benefit payable as a single cash payment rather than as
     a complying pension.                                                                    Superannuation Guarantee

     Ordinary time earnings                                                                  The legislated amount of super contribution required by employers in
                                                                                             Australia. Currently set at 9% of an employee’s OTE.
     The applicable notional earnings base in relation to an employer’s SG obligations
     is ordinary time earnings (OTE). Generally, this means the total of the employee’s      Superannuation Industry (Supervision) act
     earnings from ordinary hours of work, and earnings consisting of over-award
                                                                                             The Federal Government legislation that governs the operation of super
     payments, shift loadings or commissions. OTE includes most bonuses, but does
                                                                                             funds in Australia.
     not include overtime and payments that are only in respect of overtime. For further
     information contact the Australian Taxation Office (ATO).




34                                  We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
Privacy – 10 things to tell employees                                                 Cooling-off period
Full details about HOSTPLUS members’ privacy rights are detailed in the Member        A 14 day cooling-off period applies for all employers who apply to become a
Guide Product Disclosure Statement each member receives after enrolment. The          participating HOSTPLUS employer during which time you can change your
privacy of personal information is important to both members and HOSTPLUS.            mind without consequence. The 14 day period begins on the earlier of:

Because HOSTPLUS collects personal information about each employee                    • the date you receive confirmation of your participation in HOSTPLUS, or
when they’re enrolled – before they may have read the privacy statement –
                                                                                      • five days after your application for participation in HOSTPLUS is accepted.
it’s important that you tell your employees:
                                                                                      If, during this period, you decide HOSTPLUS doesn’t meet your needs, simply
1.   Personal information collected by HOSTPLUS at the time of enrolment
                                                                                      advise the trustee by mail or email, nominating another complying fund to
     (such as TFN, birth date, contact details) is simply to assess their
                                                                                      receive the contributions made on behalf of your employees.
     application and manage their HOSTPLUS membership.
                                                                                      You must make this nomination within one month of advising the trustee
2.   In assessing a member’s application or any subsequent claim, HOSTPLUS
                                                                                      that you wish to exercise your cooling-off rights. Any contributions paid into
     may need to disclose their personal information to third parties such as
                                                                                      HOSTPLUS will be rolled over to the nominated fund. The amount returned
     our administrator, insurer, ATO, regulators, judicial or dispute resolution
                                                                                      may be adjusted for any tax payable, or for any increase or decrease in
     bodies, medical or financial professionals and even to you, their employer.
                                                                                      investment values during this period. As a result, the amount returned may be
3.   If an employee applies for additional insurance cover or makes a claim,          less than what was originally contributed.
     information about their health status, salary, occupation and lifestyle will
     be passed on to the administrator and insurer for the assessment of their        Any preserved amounts rolled over or transferred from another super fund can’t
     insurance cover.                                                                 be refunded directly to the employee if you use the 14 day cooling-off period.
                                                                                      These amounts will be rolled over or transferred to the fund nominated by the
4.   If an employee provides HOSTPLUS with incorrect information, we may              employee. If the employee doesn’t make a nomination, the contributions will
     not be able to provide the member with the products they require or be           be transferred to our eligible rollover fund.
     able to manage their HOSTPLUS account.
                                                                                      To cancel your participation, please write to:
5.   HOSTPLUS may contact members in the future about new products,
     services or offers. If at any time a member prefers not to receive this          HOSTPLUS
     information, they can opt out by calling 1300 HOSTPLUS (1300 467 875),           Locked Bag 3
     8am – 8pm, Monday to Friday.                                                     Carlton South VIC 3053

6.   Members can request access to information HOSTPLUS holds on them at              or call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday.
     any time. HOSTPLUS reserves the right to charge a reasonable fee to cover        Please note: no insurance benefits are available to the employee during the
     the administration costs. If a circumstance exists where HOSTPLUS cannot         cooling-off period if an employer exercises this right during this period.
     comply with the request, we’ll notify the member and explain the reason.

7.   Members have the right to ask HOSTPLUS to correct any information held
     about them. If we don’t agree with the corrections supplied, HOSTPLUS
     is not required to alter the information.

8.   Under the Anti-Money Laundering and Counter Terrorism Financing Act 2006,
     superannuation funds are required to identify, monitor and mitigate the risk
     that the fund may be used for the laundering of money or the financing of
     terrorism. Because of this, members may be required to provide certified
     proof of identity before they withdraw or rollover their benefit from the fund
     or commence an income stream. At a minimum, members may be required
     to provide the fund with evidence that verifies their full name, date of birth
     and residential address.

     In the event of a death claim, we would also require documentation
     to verify dependants’ and/or legal personal representatives’ identities.
     These may include, but are not limited to, certified copies of marriage
     certificates, wills, birth certificates and letters of administration.
     The trustee also reserves the right to request additional information.
     We may also require you to provide details of your business.

9.   If members have any concerns about any of the above privacy issues,
     they should lodge a complaint in writing to:

     HOSTPLUS
     Privacy Officer
     Locked Bag 3
     Carlton South VIC 3053

10. If our Privacy Officer is unable to resolve a member’s complaint they can
    lodge a complaint with the Privacy Commissioner by calling 1300 363 992
    or visiting www.privacy.gov.au




                                We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au                           35
     Enquiries and complaints
     If you or a member has an enquiry or complaint, please call 1300 HOSTPLUS
     (1300 467 875). We’ll do everything in our power to attend to the matter promptly
     and courteously. If you are not happy with the way the matter has been handled,
     we want to know.

     Please call us or write to:

     HOSTPLUS
     Resolutions Officer
     Locked Bag 9
     Carlton South VIC 3053
     Email: info@mail.hostplus.com.au

     as a member:

     HOSTPLUS aims to resolve all complaints within 90 days of receipt. However, if
     a member is not satisfied with either the way HOSTPLUS handles their complaint
     or its resolution, they may contact the Superannuation Complaints Tribunal (SCT).
     The SCT is an independent body set up by the Federal Government to assist in
     resolving certain types of complaints.

     The SCT can be contacted on 1300 884 114 for the cost of a local call. Please note
     that there are certain criteria and time limits as to when a complaint can be lodged
     with the SCT.

     Members can address any correspondence to the SCT at:

     Superannuation Complaints Tribunal
     Locked Bag 3060
     MELBOURNE VIC 3001

     as an employer:

      Whilst the SCT is a tribunal specifically set up by statute to deal with
     superannuation complaints and would normally be the first point of contact -
     if you are unhappy with the way we have handled a complaint, in some cases, you
     may also be able to ask the Financial Ombudsman Service (FOS) to resolve the
     dispute.

     FOS is an independent dispute resolution body. Depending on the nature of the
     complaint, FOS may have jurisdiction. You can lodge a dispute at www.fos.org.au or
     contact FOS on 1300 780 808, 9am – 5pm.

     You should address any correspondence to FOS at:

     Financial Ombudsman Service
     GPO Box 3
     MELBOURNE VIC 3001




36                                 We’re here to help – call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday or visit hostplus.com.au
     Checklist
     Don’t let your hard work go to waste. Before you return your completed HOSTPLUS application, use the
     checklist below to ensure your form is processed promptly and we can meet your super obligations – and
     ours – without a hitch.



             I have provided all my contact details in Step 1.

             I have provided my business details and the start date for my
             contributions in Step 2.

             I have told you about my company and how I prefer to be contacted
             in Step 3.

             I have correctly supplied all my participating employees’ details to
             avoid money being refunded in Step 4.

             I have considered if I would like to pay my super payments quarterly
             instead of monthly in Step 5.

             I have considered if I would like more information about key industry
             bodies in the hospitality, tourism, recreation and sport sector in Step 6.

             I have read, understood and signed the Declaration in Step 7.

             I’ve made a good choice and deserve a well earned break. Well done.




Our forms explained

Below is a brief explanation of the forms included in this HOSTPLUS Employer guide.

Participating employer application – to join HOSTPLUS as a participating employer

Choice of superannuation fund – Standard choice form – so an employee eligible for Super Choice can choose their super fund

Direct debit authority – for an employer to make contribution payments by direct debit

Electronic Funds Transfer (EFT) payment application – for an employer to make contribution payments by EFT
Participating employer
application
June 2011


   Getting things right upfront helps to ensure we both meet our super obligations without a hitch. So if you have a question or need                    OFFICE USE ONLY
   assistance to complete this application, don’t hesitate to call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday for help.
                                                                                                                                                                  WEB ONLY
   Please use BLOCK letters and dark ink.
   This application is related to the Employer Guide Product Disclosure Statement dated 1 June 2011.

           Step 1. Provide your contact details
   Employer number (if known)                                  ACN/ABN/Business Registration Number*                                                             *Mandatory fields


   Company’s name (if incorporated)/individual’s name*


   Trading/business name (the employer)*


   Trading address*



    Suburb                                                                                                               State                       Postcode

   Postal address*



    Suburb                                                                                                               State                       Postcode

   Telephone number                                                     Fax number                                                Mobile number


   Email address (if supplied you will automatically be registered for SuperSite - our online super management system)


   Please tick appropriate box                                                       Contact name*
           Mr                 Mrs              Miss            Ms

                     Please specify                                                  Position*
           Other

   Please tick appropriate box                                                       Contact name
           Mr                 Mrs              Miss            Ms

                     Please specify                                                  Position
           Other


           Step 2. Provide your contribution and business details
   Start date of first payment                             How many employees do you have?           Approximately how many employees will you be contributing to HOSTPLUS for?
    D      D     /   M    M    /      Y    Y                     ,                                          ,
   Pay period Please tick one                                               Which day of the week (this month) does your payroll end? Please tick one

           Weekly                   Fortnightly            Monthly               Mon                Tue           Wed              Thu             Fri          Sat            Sun
   What is the name of your payroll system?



   What type of business do you operate? Please tick one
           Water                                      Drinking places                     Rooming and                       Racing, including                   Amusement parks
           transportation                                                                 boarding houses                   track operation
                                                                                          Food preparations                 Recreational vehicle                Physical fitness
           Air transportation                         Liquor stores
                                                                                          (eg. Caterers)                    parks and campsites                 facilities

           Retail bakeries                            Hotels and motels                   Travel agencies                   Public golf courses                 Other

           Eating places                              Professional sports                 Bowling centres                   Tour operators
                                                      clubs and promoters
   Other
                                                                                                 How many business units/                          Of these business
                                                                                                 properties do you have?                           units/properties,
                                                                                                                                                   how many do
                                                                                                                                                   you pay into
                                                                                                                                                   HOSTPLUS for?
   Would you like to be registered to the HOSTPLUS online system SuperSite?
           Yes           No
       Step 3. Tell us about your company
We seek the information in the following section to better understand and service the different needs of the various employer groups who make up our total population
of participating employers. The information you provide will help us to service your business better (ie. call only at times that are convenient to you). Please note, this
section is not compulsory; you do not have to provide this information if you don’t want to.
Please list all professional industry bodies your organisation subscribes to eg. Australian Hotels Association national level/state level, Restaurant and Catering
Association, Liquor Hospitality and Miscellaneous Union etc.




Please list your preferred method of contact
       Email
       Please provide email address if different from
       address provided in Step 1

       Telephone
       Please provide contact phone number if
       different from number provided in Step 1

       Face to face
       Please provide office address details if
       different to trading address provided in Step 1

                                                                                                               State                   Postcode

       Written letter
       Please provide postal address if different
       from address in Step 1

                                                                                                               State                   Postcode


       Fax
       Please provide fax number if different from
       fax number provided in Step 1


When is the most appropriate time to contact you?

       Mon              Tue            Wed               Thu         Fri                   am                 pm


Who is your company’s head person (CEO, General Manager, etc.)?
                                                                                                      Job
Name
                                                                                                      Title


How did you hear about HOSTPLUS? Tick more than one if applicable
     HOSTPLUS
                                Press advertisement               Mail campaign                        Employee’s choice of fund
     representative

                                                                                                 Other Please specify
       Tender process                  Friend/colleague                    Website



Will HOSTPLUS be your Employer (default) fund under Super Choice?
       Yes           No



Please list any other superannuation funds you contribute to on behalf of your employees and the name of the super plan.

     Example                                                                  Example
       A M P                                                                   A M P             C U S T O M                          S U P E R
 1

 2

 3

 4

 5



Are your employees covered under an enterprise agreement or an award?
       Enterprise agreement                    Name of agreement or award

       Award
      Step 4. Enter your employees’ contribution details

If you wish to make your first payment with this application, please complete this step.
•	 Please	insert	your	employees’	full	name,	address	and	date	of	birth	details	(if	not	supplied,	your	contributions	will	be	returned	unprocessed).	
•	 Supply	your	employee’s	TFNs	as	required	by	law.	See	page	10	for	more	information.
•	 Attach	a	cheque	for	the	total	amount	to	the	form	and	return	to	HOSTPLUS.

  For Office Use Only Employer name                                                                               Employer number


  Payment period – from               Payment      period     –    to
            /           /                      /          /




1
                                                                                                                                                     *Mandatory fields
          Membership number (if known)                         Tax File Number                                 Gender
                                                                                                                     Male            Female
          Employee’s surname*                                                               Given name(s)*


Employee’s address*                                                                                                                       Date of birth*
                                                                                                                                           D    D     M     M   Y   Y

Period at work – from               Period at work – to            Employer contribution            Employee personal contribution    Total contributions
 D    D     M   M     Y       Y      D    D    M    M     Y   Y    $                                $                                 $




2
          Membership number (if known)                         Tax File Number                                 Gender
                                                                                                                     Male            Female

          Employee’s surname*                                                               Given name(s)*


Employee’s address*                                                                                                                       Date of birth*
                                                                                                                                           D    D     M     M   Y   Y

Period at work – from               Period at work – to            Employer contribution            Employee personal contribution    Total contributions
 D    D     M   M     Y       Y      D    D    M    M     Y   Y    $                                $                                 $




3
          Membership number (if known)                         Tax File Number                                 Gender
                                                                                                                     Male            Female

          Employee’s surname*                                                               Given name(s)*


Employee’s address*                                                                                                                       Date of birth*
                                                                                                                                           D    D     M     M   Y   Y

Period at work – from               Period at work – to            Employer contribution            Employee personal contribution    Total contributions
 D    D     M   M     Y       Y      D    D    M    M     Y   Y    $                                $                                 $




4
          Membership number (if known)                         Tax File Number                                 Gender
                                                                                                                     Male            Female

          Employee’s surname*                                                               Given name(s)*


Employee’s address*                                                                                                                       Date of birth*
                                                                                                                                           D    D     M     M   Y   Y

Period at work – from               Period at work – to            Employer contribution            Employee personal contribution    Total contributions
 D    D     M   M     Y       Y      D    D    M    M     Y   Y    $                                $                                 $




5
          Membership number (if known)                         Tax File Number                                 Gender
                                                                                                                     Male            Female

          Employee’s surname*                                                               Given name(s)*


Employee’s address*                                                                                                                       Date of birth*
                                                                                                                                           D    D     M     M   Y   Y

Period at work – from               Period at work – to            Employer contribution            Employee personal contribution    Total contributions
 D    D     M   M     Y       Y      D    D    M    M     Y   Y    $                                $                                 $



                            If there is insufficient space, please make copies, but be sure to number the pages and add the           Please remember to
 Page no.
                            totals on the last page. This should add up to the total contribution.                                    sign the form overleaf
       Step 5. Apply to pay quarterly instead of monthly
Please complete this step if you wish to make super payments quarterly                     •	 I	am	aware	of	the	requirements	to	continue	to	forward	employees’	voluntary	
instead of monthly. If you leave this step blank you’re agreeing to pay super                 contributions monthly, even if approval for quarterly contributions has
on a monthly basis.                                                                           been granted.
                                                                                           •	 I	am	aware	that	all	outstanding	contributions	for	ceased	employees	must	be	
      Yes, I would like to apply to make quarterly super payments.                            paid by the end of the month in which employment ceases.
                                                                                           •	 I	am	aware	that	failure	to	make	payments	on	the	due	dates	may	result	in	the	
By ticking this box and signing the Declaration in Step 7 of this form you are                trustee revoking its approval to make quarterly payments.
agreeing to the following:                                                                 •	 I	am	aware	that	failure	to	make	payments	on	the	due	dates	may	result	in	
•	 I	understand	that,	if	my	application	is	accepted,	future	contributions	must	               my employees’ insurance lapsing and I may be liable in the event of an
   be paid on or before the 14th day of the month following the end of the                    insurance claim.
   relevant quarter.                                                                       •	 I	am	aware	of	my	award	obligations	and	hereby	represent	and	warrant	to	the	
•	 I	will	continue	to	pay	contributions	monthly	until	I	receive	approval	from	                trustee that I/we am/are not subject to the provision of any award, or industry
   the trustee to pay contributions on a quarterly basis.                                     agreement that requires monthly payments of superannuation contributions.


       Step 6. Support the supporters
HOSTPLUS proudly supports the associations that lend their support to the hospitality, tourism, recreation and sport sector. If you do too, simply indicate your
interest below to receive more information about key industry bodies.

 ✓ Yes, please send more information about the organisations I’ve nominated with a tick below.
      Australian Hotels Association (AHA)                                                         National Tourism Alliance


      Clubs Victoria Inc                                                                          Queensland Tourism Industry Council


      Hotel, Motel and Accommodation Association (HMAA)                                           Restaurant and Catering Australia


      Licensed Clubs’ Association of SA                                                           South Australian Wine Industry Association


      Liquor, Hospitality and Miscellaneous Union (LHMU)                                          Tourism and Transport Forum




       Step 7. Sign the Declaration
I/we make this application to become a participating employer of HOSTPLUS. I/we understand that the Trust Deed of HOSTPLUS, as amended from time to time,
is available from all HOSTPLUS offices. If accepted as a participating HOSTPLUS employer, then in consideration of the services that the trustee of HOSTPLUS
has agreed to provide under the terms of the trust deed for the fund and the Employer Guide Product Disclosure Statement that this Application Form
accompanied, I/we agree to be bound by the terms of the trust deed. My/our participation, and that of our employees who become members, will take effect
in accordance with the particulars of the Trust Deed, the Employer Guide Product Disclosure Statement (guide) and the Member Guide Product Disclosure
Statement. I/we acknowledge that HOSTPLUS may allocate any short payment pro-rata in favour of the members identified on the latest contribution return or
allocate any payment towards any arrears outstanding. HOSTPLUS will confirm acceptance by allocating a unique employer number.
I/we acknowledge that it is the responsibility of the employer to meet its Superannuation Guarantee obligations.
I/we understand that it is the employer’s obligation to identify and comply with any applicable industrial award, Australian workplace agreement or certified
agreement. If any applicable industrial award, Australian workplace agreement or certified agreement is varied to include new or amend existing superannuation
provisions, and in the event that the HOSTPLUS fund is not acceptable under the variation, I/we understand that future contributions may have to be paid to the
other superannuation fund as specified under the industrial award, Australian workplace agreement or certified agreement and some or all of the benefits resulting
from contributions paid into the fund may have to be transferred to another super fund as specified in the industrial award, Australian workplace agreement or
certified agreement.
I/We confirm that if I/we have any employees who are aged 65 or over they have worked at least 40 hours in a period of not more than 30 consecutive
days during the financial year when the contributions are made and/or the contributions are mandated employer contributions made pursuant to an industrial
award or agreement;
I/We have brought to the attention of the employee(s) on this application, the Privacy Disclosure Statement contained in this guide.
The guide to which this application form is attached is dated 1 June 2011. I/we acknowledge receipt of this guide. I have read and understood the guide and
agree, consent and acknowledge the declarations, conditions and acknowledgments contained therein. I/we also acknowledge receipt of the Member Guide Product
Disclosure Statement.
I declare that all details given in this application form are accurate and complete and that I have the power to invest in HOSTPLUS. I undertake to provide the
trustee with any further information that it may request which relates to my participation in HOSTPLUS and I undertake that I will update the trustee if any of
the information I provide changes.


                   SIGnATUrE OF APPLICAnT*
        Don’t
                                                                                                                                            Date*
        forget
        to sign                                                                                                                               D     D   /   M     M    /       Y     Y



Faxed, scanned or photocopied application forms cannot be processed.
On completion, please send your original application (no stamp required) to: HOSTPLUS, Locked Bag 3, Carlton South VIC 3053.




Issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL No. 244392 as trustee for the HOSTPLUS Superannuation Fund ABN 68 657 495 890, RSEL No. L0000093, RSE No. R1000054.       701 06/11
Choice of superannuation fund
Standard choice form –
information for employees
 June 2011
 You can choose the superannuation fund or retirement savings account (referred to below as superannuation funds) to which
 your employer will make future superannuation guarantee contributions (9%). Before you complete this form you should read the
 Super Decisions booklet published by the Australian Securities and Investments Commission to help you understand super and
 make better decisions. Obtain a copy at www.fido.gov.au or call 1300 300 630.

 Option 1 You do not have to choose a fund                              Option 2 Choose a fund

 If you do not make a choice, your employer’s contributions will be     You can choose the superannuation fund where you want your
 paid into the fund that your employer has chosen (see Part A on        future employer contributions to be paid.
 the reverse side of this form). This may not be the same as your
                                                                        Your employer is only required to accept one choice every 12 months.
 current fund.

 Your employer’s chosen fund may be suitable for your needs.            Step 1 Gather information – work out what’s best for you
 You can choose a different fund later if you like.
                                                                        You will need to find out what superannuation options are
 If you do not want to choose a fund, you do not have to                available to you.
 complete this form.
                                                                        Find out about the features and benefits of your current fund,
                                                                        the fund chosen by your employer and any other funds you are
   ! Your employer is not liable for the performance of                 considering. Your current fund may be different to the fund
      superannuation funds that you choose or they choose               chosen by your employer.
      on your behalf.
                                                                            The tips section highlights key issues you should
                                                                            consider when comparing funds.
   ! Do not seek financial advice from your employer unless
      they are licensed to provide it.                                  Step 2 What do I need to tell my employer?

                                                                        Give your employer details of your chosen fund by completing
     More information                                                   Part B of this form or by a written statement including the necessary
                                                                        information. This information may be provided by your chosen fund.
   You can get more information about choice of superannuation          Part A shows details of your employer’s superannuation
   fund or superannuation in general from:                              arrangements. This includes the fund that your employer has
   • www.ato.gov.au                                                     chosen to make all future Superannuation Guarantee contributions
   • by phoning 13 28 64.                                               to. If your employer has changed funds recently, the previous fund
                                                                        will also be shown. You may choose to remain in this previous fund.
   If you do not speak English well and want to talk to an Australian
   government officer, phone the Translating and Interpreting Service
                                                                        Step 3 What happens to any superannuation I have
   on 13 14 50 for help with your call.
                                                                        in existing funds?
   If you have a hearing or speech impairment and have access
   to appropriate TTY or modem equipment, phone 13 36 77.               Any money you have in existing funds will remain there unless you
   If you do not have access to TTY or modem equipment,                 make arrangements to transfer it (roll over) to another fund. Check
   phone the Speech to Speech Relay Service on 1300 555 727.            the impact of any exit fees or benefits you may lose before leaving
                                                                        the fund. Your employer cannot do this for you.


     Tips for comparing funds

   Fees Most funds charge fees. Differences in the fees funds           Investment choice Some funds let you choose where the fund
   charge can have a big effect on what you may have to retire on.      will invest your super. Some choices offer higher returns, but with
   This effect may be more than you think and for this reason you       a higher risk that investments may go down as well as up. Other
   need to consider what fees are being charged. For example,           choices offer greater security but with lower expected returns.
   your final return could be reduced by up to 20% over 30 years        Choose the level of risk and return that you are comfortable with.
   if your total amount of fees and costs are 2% rather than 1%
                                                                        Investment performance Superannuation is a long term investment
   (eg, from $100,000 to $80,000). Some funds may also charge
                                                                        for your retirement, so its investment performance needs to be
   an exit fee if you leave the fund.
                                                                        judged over the long term. Short term performance, whether good
   Death and disability insurance Your current fund may insure          or bad, may not be repeated. There is no guarantee that a fund
   you against death or an illness or accident that makes you           that has performed well in the past will do so in the future.
   unable to return to work. Other funds may not offer insurance,
   or you may have to pass a medical examination before they            The information you’ll need to make these checks is in each
   cover you. Check if you’ll be covered in any new fund, and the       fund’s product disclosure statement which you can get from
   costs and amount of cover, before leaving your current fund.         the fund.
Choice of superannuation fund
Standard choice form
June 2011


   return this form to your employer.                                                                                                             OFFICE USE ONLY
   Do not send this form to the Australian Taxation Office or to your superannuation fund.                                                                   WEB ONLY


         Part A. Employer to complete
   1. Employer name


   2. Employer superannuation guarantee contributions will be made to the following fund
   Fund name
    H O S T P L U S                                S U P E R A N N U A T I O N                                                       F U N D
   Superannuation product identification number (if applicable)
    H O S                0       1 0 0 A U
   To access the product disclosure statement for this fund (if applicable)
   Telephone number                                             Or visit the fund website
     1 3 0 0 4 6 7 8 7 5                                          H O S T P L U S . C O M . A U
   3. Employer superannuation guarantee contributions have previously been made to (if different to
   above) If the employer fund has not changed please write ‘as above’ in fund name box below.
   Fund name


   Superannuation product identification number (if applicable)                                                            Telephone number


   Fund website


   4. Employer contributions
   Superannuation contributions are currently made at a higher level than the required 9%              Yes              No

   If Yes, superannuation contributions will continue at this higher level if the employee chooses a fund other than the fund named in part A question 2                Yes              No

   Note that this statement does not alter an employer’s legal obligations (if any) relating to future payments

         Part B. Employee to complete – ONLY IF MAKING A CHOICE
   1. Employer contributions
         my employer’s previous superannuation fund named in part A question 3                   Go to question 4 below.

         my own choice of fund                                                                   Complete questions 2, 3 and 4 below.

   2. Your chosen fund details
   Fund name


   Membership No. (if applicable)


   Account name


   Superannuation product identification number (if applicable)                                                            Telephone number


   Fund Australian business number (ABN) (if applicable)


   3. I have attached
          • a letter from the trustee stating that this is a complying fund and               • written evidence from the fund they will accept contributions from
             (for a self managed superannuation fund) a copy of documentation                   my employer, and
             from the Tax Office confirming the fund is regulated,                            • details about how my employer can make contributions to this fund.
   4. Employee name


   Employee No. (if applicable)



                       SIGnATUrE OF APPLICAnT*
            Don’t
                                                                                                                                            Date*
            forget
            to sign                                                                                                                           D     D    /    M    M     /    Y     Y

   Faxed, scanned or photocopied application forms cannot be processed.

         Part C. Employer only
   Date accepted                                       Date processed                         Issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL No. 244392 as trustee for the

     D   D     /   M   M     /   Y   Y                   D    D   /   M    M   /   Y    Y     HOSTPLUS Superannuation Fund ABN 68 657 495 890, RSEL No. L0000093, RSE No. R1000054.
                                                                                                                                                                                   4216 06/11
Direct debit authority
June 2011




      To make your contribution payments by direct debit, simply complete the three steps below then return your                                         OFFICE USE ONLY
      signed agreement to: HOSTPLUS Administration, Locked Bag 3, Carlton South VIC 3053. Make sure you read
      the Direct Debit Request Service Agreement over before completing and returning the form. If you have any                                                    WEB ONLY
      questions, call 1300 HOSTPLUS (1300 467 875), 8am – 8pm, Monday to Friday and we’ll be happy to help.
      The direct debit authority can only be used if you are registered for SuperSite. To register for SuperSite call us
      on 1300 HOSTPLUS (1300 467 875).


       This form must be completed in full. Please use BLOCK letters.


          Step 1. Provide request and authority to debit
       HOSTPLUS Employer no. (if known)                                                                                                                                  *Mandatory fields


       Surname or Company name*


       Given name(s) or ABN/ACN/ARBN*


       Address*


        Suburb                                                                                                               State                        Postcode

       I request and authorise HOSTPLUS Administration (Superpartners Pty Ltd ABN 57 078 907 883, the user, user ID number 116299) to arrange for any amount
       HOSTPLUS Administration may debit or charge me through Bulk Electronic Clearing System from an account held at the financial institution identified below
       subject to the terms and conditions of the direct debit request service agreement (and any further instructions provided below).


          Step 2. Provide your account details
       Financial institution’s name*


       Address*


        Suburb                                                                                                               State                        Postcode
       Name of account (eg. John Smith)*


       BSB number*                                 *Account number
                         -


          Step 3. Sign the Declaration
       By signing this direct debit authority you acknowledge that you’ve read and understood the terms and conditions governing the debit arrangements between you and
       HOSTPLUS Administration (Superpartners Pty Ltd ABN 57 078 907 883) as set out in this request and in the direct debit request service agreement overleaf.
       I acknowledge that I have read and understood the direct debit service agreement on the reverse of this form.

       By signing this form, I acknowledge that I’ve read and understand the relevant terms and conditions of my contribution.


                             SIGnATUrE OF APPLICAnT*
               Don’t
                                                                                                                                                   Date*
               forget
               to sign                                                                                                                               D     D   /     M    M       /    Y    Y


       Faxed, scanned or photocopied application forms cannot be processed.
       * Please note: You will be advised of the date your account will be debited when you submit your advice. The debit will occur on the next processing cycle which may
         be up to 7 days.




   Issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL No. 244392 as trustee for the HOSTPLUS Superannuation Fund ABN 68 657 495 890, RSEL No. L0000093, RSE No. R1000054.       713 06/11
      Direct debit request service agreement

DEFInITIOnS                                                                    5   Dispute
account means the account held at your financial institution from which        5.1 If you believe that there has been an error in debiting your account,
we are authorised to arrange for funds to be debited.                              you should notify us directly on 1300 HOSTPLUS (1300 467 875) and
agreement means this direct debit request service agreement between                confirm that notice in writing with us as soon as possible so that we can
you and us.                                                                        resolve your query more quickly.
business day means a day other than a Saturday or a Sunday or a public         5.2 If we conclude as a result of our investigations that your account has
holiday listed throughout Australia.                                               been incorrectly debited we will respond to your query by arranging for
                                                                                   your financial institution to adjust your account (including interest and
debit day means the day that payment by you to us is due.
                                                                                   charges) accordingly. We will also notify you in writing of the amount by
debit payment means a particular transaction where a debit is made.                which your account has been adjusted.
direct debit request means the direct debit request between us and you         5.3 If we conclude as a result of our investigations that your account has
(and includes any Form PD-C approved for use in the transitional period).          not been incorrectly debited we will respond to your query by providing
us or we means HOSTPLUS Administration (Superpartners Pty Ltd                      you with reasons and any evidence for this finding.
ABN 57 078 907 883) you have authorised by signing a direct debit request.     5.4 Any queries you may have about an error made in debiting your account
you means the customer who signed the direct debit request.                        should be directed to us in the first instance so that we can attempt to
                                                                                   resolve the matter between us and you. If we cannot resolve the matter
your financial institution is the financial institution where you hold the
                                                                                   you can still refer it to your financial institution which will obtain details
account that you have authorised us to arrange to debit.
                                                                                   from you of the disputed transaction and may lodge a claim on your behalf.

1   Debiting your account
                                                                               6   Accounts
1.1 By signing a direct debit request, you have authorised us to arrange
                                                                               6.1 You should check:
    for funds to be debited from your account. You should refer to
    the direct debit request and this agreement for the terms of the           (a) with your financial institution whether direct debiting is available from
    arrangement between us and you.                                                your account as direct debiting is not available on all accounts offered by
                                                                                   financial institutions;
1.2 We will only arrange for funds to be debited from your account as
    authorised in the direct debit request.                                    (b) your account details which you have provided to us are correct by
                                                                                   checking them against a recent account statement; and
1.3 If the debit day falls on a day that is not a business day, we may
    direct your financial institution to debit your account on the following   (c) with your financial institution before completing the direct debit request
    business day.                                                                  if you have any queries about how to complete this direct debit authority.
    If you are unsure about which day your account has or will be debited
    you should ask your financial institution.                                 7   Confidentiality
                                                                               7.1 We will keep any information (including your account details) in your
2   Changes by us                                                                  direct debit request confidential. We will make reasonable efforts to
                                                                                   keep any such information that we have about you secure and to ensure
2.1 We may vary any details of this agreement or a direct debit request
                                                                                   that any of our employees or agents who have access to information
    at any time by giving you at least 14 days’ written notice.
                                                                                   about you do not make any unauthorised use, modification, reproduction
                                                                                   or disclosure of that information.
3   Changes by you                                                             7.2 We will only disclose information that we have about you:
3.1 Subject to 3.2 and 3.3, you may change the arrangements under
                                                                               (a) to the extent specifically required by law; or
    a direct debit request by contacting us on 1300 HOSTPLUS
    (1300 467 875).                                                            (b) for the purposes of this agreement (including disclosing information in
                                                                                   connection with any query or claim).
3.2 If you wish to stop or defer a debit payment you must notify us in
    writing at least 14 days before the next debit day. This notice should
    be given to us in the first instance.                                      8   notice
3.3 You may also cancel your authority for us to debit your account at any     8.1 If you wish to notify us in writing about anything relating to this
    time by giving us 14 days’ notice in writing before the next debit day.        agreement, you should write to:
    This notice should be given to us in the first instance.                       HOSTPLUS
                                                                                   Locked Bag 3
4   Your obligations                                                               Carlton South VIC 3053
4.1 It is your responsibility to ensure that there are sufficient clear        8.2 We will notify you by sending a notice in the ordinary post to the
    funds available in your account to allow a debit payment to be                 address you have given us in the direct debit request.
    made in accordance with the direct debit request.                          8.3 Any notice will be deemed to have been received two business days
4.2 If there are insufficient clear funds in your account to meet a                after it is posted.
    debit payment:
(a) you may be charged a fee and/or interest by your financial institution;
(b) you may also incur fees or charges imposed or incurred by us; and
(c) you must arrange for the debit payment to be made by another
    method or arrange for sufficient clear funds to be in your account
    by an agreed time so that we can process the debit payment.
4.3 You should check your account statement to verify that the amounts
    debited from your account are correct.
4.4 If National Australia Bank Limited ABN 12 004 044 937 (National)
    is liable to pay goods and services tax (GST) on a supply made by
    the National in connection with this agreement, then you agree to
    pay the National on demand an amount equal to the consideration
    payable for the supply multiplied by the prevailing GST rate.
Electronic Funds Transfer (EFT)
payment application
June 2011



                                                                                                                                                       OFFICE USE ONLY
    This form must be completed in full. Please use BLOCK letters.
                                                                                                                                                                  WEB ONLY
    To register for EFT payments, simply complete the three steps below then return your signed agreement to: HOSTPLUS
    Administration, Locked Bag 3, Carlton South VIC 3053. If you have any questions, call 1300 HOSTPLUS (1300 467 875),
    8am – 8pm, Monday to Friday and we’ll be happy to help.



          Step 1. Your details

    Employer number                                                                                                                                                   *Mandatory fields


    Contact name


    Employer name*


    Registered address*


     Suburb                                                                                                               State                        Postcode
    Telephone number                                                  Fax number




          Step 2. Banking details
    Financial institution name*


    Account name*


    Address*


     Suburb                                                                                                               State                        Postcode
    BSB number*                           Account number




          Step 3. Sign the Declaration
    By signing this form, you agree your employer name and number are provided when your bank submits your EFT payment (without this information, HOSTPLUS
    may not be able to process your contributions), your employer name and number are used each time you make a superannuation contribution payment directly into
    the HOSTPLUS bank account through EFT, and you will only use the HOSTPLUS bank account to make EFT payments.

    Full name (please print)


    Position




                        SIGnATUrE OF APPLICAnT*
            Don’t
                                                                                                                                                 Date*
            forget
            to sign                                                                                                                                D     D   /    M     M   /     Y   Y


    Faxed, scanned or photocopied application forms cannot be processed.




   Issued by Host-Plus Pty Limited ABN 79 008 634 704, AFSL No. 244392 as trustee for the HOSTPLUS Superannuation Fund ABN 68 657 495 890, RSEL No. L0000093, RSE No. R1000054.       06/11
Helpful contact details

 About                               Contact                        Phone                          Web

 Taxation and superannuation         Australian Taxation Office     13 10 20                       www.ato.gov.au

 Privacy Act                         Federal Privacy Commissioner   1300 363 992                   www.privacy.gov.au

 Workplace relations and awards      Workplace Authority            1300 363 264                   www.workplaceauthority.gov.au

 HOSTPLUS                            HOSTPLUS                       1300 HOSTPLUS (1300 467 875)   hostplus.com.au

 HOSTPLUS Insurer’s Privacy Policy   OnePath Life Limited           133 655                        www.onepath.com.au
  Employer guide




  Postal address                           Gold Coast                        nSW                             Phone 1300 HOSTPLUS
  Locked Bag 3                             Shop 110/111                      Level 5, Sydney Central         (1300 467 875)
  Carlton South VIC 3053                   Pacific Fair Shopping Centre      477 Pitt Street                 Fax 1800 HOSTPLUS
                                           Hooker Boulevard                  Sydney NSW 2000                 (1800 467 875)
  VIC
                                           Broadbeach QLD 4218                                               Visit hostplus.com.au
  Level 2, Casselden Place                                                   TAS
                                                                                                             Email info@mail.hostplus.com.au
  2 Lonsdale Street                        WA                                Level 2, 119 Macquarie Street
  Melbourne VIC 3000                       Level 2, 12 St. Georges Terrace   Hobart TAS 7000
                                           Perth WA 6000
  SA/nT
  Level 2, 104 Frome Street                ACT
  Adelaide SA 5000                         Level 2
                                           11 London Circuit
  QLD
                                           Canberra ACT 2601
  Level 10, 120 Edward Street
  Brisbane QLD 4000


  Issued by Host-Plus Pty Limited ABN 79 008 634 704
  Australian Financial Services Licence No. 244392 as trustee for
  the HOSTPLUS Superannuation Fund ABN 68 657 495 890,
  Registrable Superannuation Entity Licence No. L0000093
  Registrable Superannuation Entity No. R1000054
  SPIN PIC HOS 0100AU




701 06/11

								
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