Australian Superannuation Industry Nears US$ 3.5 Trillion

Posted on 05/25/2023

In Australia, inflation has been attacking consumers and the economy slowed in 2022. Inflation hit 7% annually according to the country’s statistics bureau. The IMF has expressed concern about slowing growth, and interest rates continue to rise. However, there is good news in the form of increased retirement savings. Numbers from superannuation investment funds in…

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