Mon, 6th May 2024

In this week's episode, Paige Estritori discusses recent superannuation news. Qantas Super announced a $200M partnership with GO.FARM to transform more than 5,000 hectares in southeastern Australia into productive horticulture spots, with a focus on Riverina, New South Wales, and northern Victoria. Using advanced water management and progressive farming techniques, this venture aligns with Qantas Super's sustainability goals while expecting attractive returns for members. Another key topic is Australia's financial behavior in light of economic strains. A study by Equip Super found 85% are cutting expenditures, 66% are boosting super contributions, and approximately half focus on debt repayment. Yet, nearly 50% expressed concern about their super funds' returns, while 14% prefer liquidity. Equip Super's Head of Advice highlights the potential growth from regular super contributions despite financial challenges. Stay informed about superannuation at financialservicesonline.com.au.n