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Govt faces defeat on YFYS bill | Money Management

However, while that data showed a strong recovery in superannuation returns after the impacts of COVID-19 in the early months of 2020 and the effects of the Government’s Early Release Superannuation (ERS) initiative, it also confirmed just how conservatively most superannuation funds had pitched their investment allocations.  While there had been heavy criticism of industry funds allocations towards unlisted investments, the APRA data for the March quarter showed that such investments represented a very minor per centage and that most money was being directed to equities, fixed interest and cash.  The APRA analysis showed that as at the end of the March 2021 quarter, 54% of the $2.0 trillion investments were invested in equities, with 27% in international listed equities, 23% in Australian listed equities and 4% in unlisted equities.  

Please Explain podcast: ALP facing existential crisis after NSW Upper Hunter byelection result

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