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Could an AI sell-off hit your super? artwork

Could an AI sell-off hit your super?

SBS News In Depth
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A balanced super option fell 0.4% last month. How much could AI-linked shares influence returns if growth expectations falter? With technology shares helping drive international markets, questions are emerging about how much super returns depend on AI companies meeting growth expectations. SuperRatings director Kirby Rappell discusses last month’s 0.4% fall in the median balanced option and what volatility means for members. The Australian sharemarket fell 0.8% as Wall Street retreated from record highs, while Firmus IPO speculation surfaced in a Maas Group ASX response. SBS Finance Editor Ricardo Gonçalves speaks with Morgans private client adviser Dianne Colledge about market confidence and potential opportunities. In this episode: What drove the latest fall in balanced super returns, and how international shares have influenced performance.How exposed super members may be to large technology companies, and what could happen if growth expectations disappoint.What’s weighing on the sharemarket and what investors may watch during AGM season.How Firmus IPO speculation has surfaced in Maas Group’s ASX disclosure.SBS On the Money is a daily finance podcast where SBS Finance Editor Ricardo Gonçalves unpacks the ASX, the economy and the latest market moves with leading analysts and executives. Listen to more episodes of SBS On the Money, and follow the show on the SBS Audio app, Apple Podcasts, Spotify or wherever you get your podcasts. For the latest news from Australia and around the world, visit SBS News and follow us on YouTube, TikTok, Instagram, Facebook and X.

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