What happened
A report by Deloitte projects that Australia's superannuation assets will grow from approximately $4 trillion today to $12.4 trillion by 2045, driven by compulsory contributions and compound returns. The report highlights that as members retire with larger account balances, funds will increasingly pivot from accumulating assets toward managing complex drawdown strategies and retirement income products.
Why it matters here
The expansion of Australia's superannuation pool will make super funds the dominant force in domestic equity markets, corporate governance, and infrastructure funding. As funds scale up, they will allocate more capital into private equity, energy transition projects, and overseas assets. For Australian investors, this massive liquidity pool provides strong structural support for local debt and equity markets.
What to watch
Annual superannuation asset growth statistics published by APRA, alongside fund announcements regarding new retirement income solutions and drawdown product launches over coming years.
Source
deloitte.com