Economy

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AUSTRALIA’S SUPER FUNDS DRAINING FASTER THAN EVER

Published On 14 Jul 2020 11:35 AM

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HIGHLIGHTS

Australia Super funds are mostly withdrawn by young people bringing a catastrophe for their future savings

Around 3,40,000 people applied for superfunds in three days for a second withdrawal from their superannuation accounts under standards permitting early access to retirement investment funds due to the coronavirus emergency.

There are rising worries among double draw....

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Economy

AUSTRALIA’S SUPER FUNDS DRAINING FASTER THAN EVER

Published On 14 Jul 2020 11:35 AM

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