No rate cuts and maybe a rise as inflation sticks, super funds warn
The managers of Australia’s $3.6 trillion superannuation pool are not expecting interest rate cuts before next year, with some warning there may be no change for another year or even a rise before Christmas.
The investment chiefs of the country’s biggest funds also say Australian shares are unlikely to give investors much joy in the coming year, while unlisted opportunities are also thinner than in overseas markets.
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