How Australia’s Pension System Became One of the World’s Largest
At A$4.5 trillion ($3.2 trillion), Australia’s pension system is the fourth-largest pool of retirement savings in the world — and the fastest-growing among major markets. It’s expected to overtake the...
By Amy Bainbridge · Bloomberg Markets
At A$4.5 trillion ($3.2 trillion), Australia’s pension system is the fourth-largest pool of retirement savings in the world — and the fastest-growing among major markets. It’s expected to overtake the UK and Canada by the early 2030s to become the second-largest globally.