Plenty of growth still needed as Super Fund outperforms expectations

Our Superannuation fund is seeing great returns, but growth is still needed for the long term. 

The 25-year-old fund is now worth $94.35 billion dollars, excluding tax, with it earning $9.3 billion in the past reporting year – a return of almost 14.2%. 

Infometrics' Brad Olsen told Andrew Dickens that it's useful money to have, but the expectation for the fund is to grow it to $200 billion by 2040. 

He says there's a lot of growth still to come, but it's at a time when the bill is still growing and we have to pay for it in the short term. 

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