‘End of a 13-year boom’: Australia’s largest super fund posts fall for first time since GFC - Sydney Morning Herald


7/4/2022 12:00:00 AM2 years 9 months ago
by Simone Fox Koob

AustralianSuper’s balanced fund shed 2.73 per cent in the 2022 financial year and the fund is warning members to expect lower returns ahead.

Were starting with the end of a 13-year boom really. Unemployment is very low, inflation is very high, and interest rates are rising. Exactly the opposite of what it was like in 2009. Thats why I thi… [+2102 chars]

full article...