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Australian Superannuation Gains Boosted by Global Markets, Falling Petrol Prices, and ETF Growth
Photo: SBS Australia
2026-07-04 15:14   Economy   10

Australian Superannuation Gains Boosted by Global Markets, Falling Petrol Prices, and ETF Growth

The article highlights key financial developments in Australia, including stronger overseas market returns boosting superannuation funds despite a modest 2.77% gain in the Australian sharemarket.Global markets, particularly the U.S.S&P 500's 20% rise, significantly contributed to super fund growth, with research suggesting median returns of around 9.2%.Emerging markets like South Korea saw dramatic surges, with its market rising 150% due to tech investments in AI.Petrol prices dropped below $1.60 per litre, offering temporary relief but facing upward pressure from reduced fuel excise discounts.The property market cooled, with national home values falling 0.4% in June, while ETFs expanded rapidly, reaching $350 billion in value.EV sales surged, accounting for nearly a quarter of new car sales, reflecting shifting consumer trends amid economic pressures.

Full reading at SBS Australia

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