Monday, July 6, 2020

Australian Super posts small positive return despite COVID19 economic crisis

Australian Super has delivered a small positive return for its balanced option fund despite the global economic damage from the pandemic. 

Chief investment officer Mark Delaney said the 0.52 percent return for the 2020 financial year as a good result given the impact on global financial markets. 

Mr Delaney tells ABC's Peter Ryan that the JobKeeper program in Australia will need to be extended to prevent more unemployment and insolvencies.

No comments:

Post a Comment

What's your view on this?