Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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Australia's superannuation sector has seen its worst quarter on record, with account balances plummeting by over 10 per cent and the sector's total assets shrinking by almost 8 per cent.
The Australian Prudential Regulation Authority said significant downturns in global financial markets caused by the coronavirus pandemic had wiped 10.3 per cent from retirement savings account balances in the March quarter, with the sector's total assets shrinking by $200 billion to $2.7 trillion.
Read more at The Age.