With superannuation assets to top $9 trillion in 2041, should funds be more accountable about how they spend members money? abc.net.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abc.net.au Daily Mail and Mail on Sunday newspapers.
Superannuation fund members enjoyed a stellar year to June 30, 2023, with returns on the median balanced fund with 61 to 80 per cent growth assets reporting 9.2 per cent growth, according to Chant West.
A ‘tycoon tax’ as proposed by the Greens would carve a large hole in the retirement savings of millions of Australians who hold bank shares though their super.