ASX lags global markets this financial year but super delivers strong returns
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Show notes
The Australian sharemarket ended the financial year with a modest gain, trailing the strong performance of global markets, but many Australians are still set to see healthy returns in their super. SBS On the Money speaks with Kai Chen, Head of Investment at MPC Markets, about why the ASX underperformed overseas markets, and Jeff Brunton, Deputy Chief Investment Officer at HESTA, on why diversified super funds are expected to deliver solid returns and what APRA's latest report says about the growing influence of Australia's superannuation sector on the nation's financial stability.
