Australia’s colossal $2.7 trillion pension funds are making a bold move away from the US, Bloomberg reveals. This strategic pivot signals a dynamic effort to diversify portfolios amid rising global economic uncertainties
Browsing: superannuation
Australians are gearing up to turbocharge their retirement savings as the Superannuation Guarantee rises to 12%. This gradual increase is set to boost workers’ nest eggs, paving the way for a more secure and comfortable retirement
Treasury warns that taxing actual instead of unrealised superannuation gains could burden millions of Australians with steep costs, sparking a fierce debate over the fairness and financial consequences of the proposed tax reforms