Given employers in Australia are required to pay the equivalent of 9.5 percent of their workers’ earnings into a superannuation fund, the country’s pension system is among the largest in the world. Collectively, the funds’ assets at mid-2018 stood at A$2.7 trillion (€1.7 trillion), according to the Australian Prudential Regulation Authority.
AustralianSuper: The €90bn pension fund targeting European property lending
Australia’s largest superannuation fund, has entered the European real estate lending market. Daniel Cunningham finds out about its plans.
