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| | | The unemployment rate rose from 4.1% to 4.3% in June, according to data released by the Australian Bureau of Statistics (ABS). VanEck head of investments and capital markets Russel Chesler said the surprise uptick in unemployment means the next rate ... |
| | | | ... available to accumulation, defined benefit and lifecycle investment strategy members. According to APRA's March 2025 statistics, there are 92,920 members in the Accumulation Choice product investing in the Super Savings MySuper with $4.5 billion. ... |
| | | | ... administration, funds have returned an estimated 1.8% to members invested in the median balanced option." APRA's March statistics show that TelstraSuper has 98,100 members with savings of $26.7 billion. Members have a median balance and age of $146,695 ... |
| | | | ... the number of their ETF trades was up over 30% compared to the first six months of 2024," he added. Additionally, the statistics recorded the most traded stocks by advised self-managed superannuation funds (SMSFs) with balances over $3 million. The pack ... |
| | | | The average superannuation balance grew 5% to $172,000 at the end of the 2023 financial year, new statistics from the Australian Taxation Office reveal. Women had an average super balance of $154,641, while men had $192,119. The median was $54,349 and ... |
| | | | ... retirement savings have come under the watchful eye of prudential regulator APRA for the first time. APRA's latest statistics for the March 2025 period breaks down the state of retirement products the superannuation sector has on offer. The data ... |
| | | | The Australian Bureau of Statistics (ABS) data shows inflation rose 2.1% in the 12 months to May, down from 2.4% in April. "The 2.1% annual Consumer Price Index (CPI) inflation in May was down from 2.4% in April and the lowest since October 2024," ABS ... |
| | | | ... The Australian labour market remained robust in May, with the unemployment rate sitting at 4.1%, Australian Bureau of Statistics (ABS) data shows. "Despite employment falling by 2000 people this month, it's up 2.3% compared to May 2024, which is stronger ... |
| | | | ... time, with it most recently renewed in 2022. The change was effective in late April. According to the most recent APRA statistics, Virgin Money Super has about $1.45 billion in funds under management. This is spread across about 127,000 member accoun ... |
| | | | APRA's quarterly superannuation statistics have lifted the lid on the ongoing battle for Australia's retirement assets; industry funds charged forward, retail funds made gains without breaking into a sprint, while corporate funds retreated further. ... |
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