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| Name | What led to the better-than-expected year for super | The Business | ABC News |
| Video Uploader | Video From ABC News (Australia) |
| Upload Date | This Video Uploaded At 01-07-2024 09:45:01 |
| Video Discription | It turned out to be a stronger-than-expected financial year for many people's retirement savings, with record high stock markets driving up super balances – despite cost-of-living worries and worries about higher interest rates. Banking, consumer discretionary and some tech stocks were the star performers, while supermarkets and lithium stocks didn't do as well. Analysts will be keeping an eye on future rate rises, consumer spending and debt levels and the Chinese economy. #ABCBusiness #abcnewsaustralia #eofy Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-07-01/business-eofy-wrap/104028418 ABC News provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook: http://facebook.com/abcnews.au Follow ABC News on Instagram: http://instagram.com/abcnews_au Follow ABC News on X (Twitter): http://twitter.com/abcnews Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia |
| Category | News & Politics |
| Tags | Australia | abc | abc news | news | aSX 200 | ASX | wall street | david chau | super | banking | mining | business news | finance | finance news | Australia news | economy | economic news | the business | superannuation | EOFY | end of financial year | savings | inflation | interest rates | rate rises | rate hikes | cba | nab | lithium | coles | woolworths | china | trump | Catherine Allfrey |
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