Australian Superannuation Fund Assets Have Increased on Average by 15 Per Cent a...

ASSIGNMENT ISSUE: Australian superannuation fund assets perplex increased on average by 15 per pennyime a year over the past 10 days until 2007. These assets are equivalent to approximately 100 per cent of the note value of Australias annual Gross Domestic Product (GDP). However, entire estimated superannuation assets decreased by 7.6 per cent in the declination 2008 quarter to $1.05 trillion. Over the 12 months to December 2008, this represents a 14.8 per cent decrease. Examine and discuss the reasons for this decline.

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