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In related news: Trump 'seriously' considering Australian super-style scheme ~ https://www.newsweek.com/donald-trump-retirement-program-australia-trust-1114489
by defrost 11mo ago
In related news: Trump 'seriously' considering Australian super-style scheme
~ https://www.newsweek.com/donald-trump-retirement-program-australia-trust-11144894 https://www.newsweek.com/donald-trump-retirement-program-aus...
and other news soures
* https://en.wikipedia.org/wiki/Superannuation_in_Australia https://en.wikipedia.org/wiki/Superannuation_in_Australia
a savings system for workplace pensions in retirement. It involves money earned by an employee being placed into an investment fund to be made legally available to members upon retirement. Employers make compulsory payments to these funds at a proportion of their employee's wages.
Currently, the mandatory minimum "guarantee" contribution is set at 12%, having increased from 11.5% on 1 July 2025
As of 30 June 2025, Australians have AU$4.33 trillion invested as superannuation assets, making Australia as a nation the 4th largest holder of pension fund assets in the world.
* https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/super https://www.ato.gov.au/individuals-and-families/super-for-in...
See Also the Singapore Fund: https://en.wikipedia.org/wiki/Central_Provident_Fund https://en.wikipedia.org/wiki/Central_Provident_Fund