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ABC News

Business

business reporter Nassim Khadem

Australians facing short-term downturns on their superannuation balances as retirement balances hit by share market turmoil

Stephen Jones Australia Alex Dunnin Michele ONeil Peter Healy Anthony Albanese Fiona MacDonald Labor Coalition

Ruby Tsitaridis is worried about her superannuation. (Peter Healy, ABC News. )

Australians have lost thousands of dollars on their superannuation savings over the past financial year.

And in the coming months, with interest rates rising and share markets so volatile, retirement balances could take a bigger hit.

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One subscription that gives you access to news from hundreds of sites

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