The Australian government’s recent proposal to impose a higher tax on superannuation balances exceeding $3 million has ...

Australia has the world's third-largest pension pool, held by about 16 million Australians, as its superannuation funds have grown to more than A$3.3 trillion from A$148 billion over the last ...

Most young Aussies are set to retire with a whopping $3 million in their superannuation accounts. ... 0.5 per cent of Australia’s population or around $80,000 people.