US EditionHere's why Australians invested $55.7 billion via superannuation contributions last year
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Here's why Australians invested $55.7 billion via superannuation contributions last year
Australians made $55.7 billion worth of voluntary personal superannuation contributions over the 12 months ending 31 March, up 26.9%. The Australian Prudential Regulation Authority (APRA) says the surge in member contributions resulted from higher personal contributions. Personal contributions are those made by individual workers using their after-tax income. They are separate from salary sacrificed amounts and employer contributions made throug…
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