Super Ratings' Geoff Bresnahan said that the drop so far in May in super fund balances could be as high as 3.2 per cent. The median Australian balanced super option - which has between 60 per cent and 76 per cent of its assets in property or shares - had fallen to about five per cent below its October 2007 high, he said.
The Australian sharemarket is without any leverage.
I can see civil War for money in 3 years time in Australia.
- Forums
- ASX - General
- how low could our market go?
Super Ratings' Geoff Bresnahan said that the drop so far in May...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
AHK
ARK MINES LIMITED
Ben Emery, Executive Director
Ben Emery
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online