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Super funds set for bumper year, banks on notice, ultra-rich club grows

Super funds set for bumper year, banks on notice, ultra-rich club grows

FEAR & GREED | Business News
20 min
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<p><strong>Monday 20 May 2024</strong></p> <p><strong>Super funds are set for a bumper year, despite a slight hiccup last month.&nbsp;</strong></p> <p>And more, including:</p> <ul> <li>ASIC puts banks on notice for making it too hard for struggling customers to get help.&nbsp;</li> <li>Soft weekend for auctions, with the equal lowest clearance rate so far this year</li> <li>And the world’s super-rich club has set a new record - with 15 members now with fortunes over $100 billion</li> </ul> <p><strong>Plus don’t miss this week’s episode of </strong><a href="https://fearandgreed.com.au/how-do-they-afford-that-sugar-mamma-canna-campbell/" rel="nofollow"><strong>How Do They Afford That?</strong></a><strong> - a guide to reverse mortgages and other options for the asset rich and cash poor. Get the episode from</strong><a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"><strong> </strong><strong>APPLE</strong></a><strong>,</strong><a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"><strong> </strong><strong>SPOTIFY</strong></a><strong>, or anywhere you listen to podcasts.</strong></p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>