no denying things are not great but
Must super funds would only be back to the value they were 18 months
which is still up on where they were 4 plus years ago, excluding contributions made over that period.
And super fund values are calculated on realised and unrealised gains on investments.
So much of what is lost is paper profit only
As I said things are not great but it is not quite the doom and gloom the media would have us believe.
Unless you are a fund manager of course, relying on year after year gains so you get your bonus payment
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