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Property, shares rout slams super

Jan 02, 2019 - Australian Financial Review

Investors have suffered from a double blow to their net wealth as the sharemarket tumbled and house prices fell at a near record rate, producing flatlined superannuation returns for the year.

Data provided to The Australian Financial Review from research house SuperRatings showed the median balanced super fund posted a zero per cent return for the year to December 31. This is the lowest return since 2011 and the result was largely driven by volatility in equity markets through the back hal...