News - Australia: Superannuation Assets Hit A$1 Tln Mark '06 Qtr
Source: Asia Insurance Review | May 2007
Total superannuation assets in Australia rose 6.9% during the December 2006 quarter to reach the A$1 trillion (US$807.7 billion) mark and represents a 19.2% increase over the previous year, according to figures released by the Australian Prudential Regulatory Authority (APRA).
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