Global equities drive record super fund returns
The average superannuation fund in Australia grew by 14.7% in the last fiscal year, the third highest on record, powered by international and domestic equity holdings.
After five years of extreme performance volatility, the average Australian saw his retirement nest egg grow by 14.7% in the past financial year – the highest return since the global financial crisis, and the third best return since compulsory superannuation was introduced in 1992.
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