Many Australians don’t realise their superannuation savings – worth A$4.5 trillion and growing – may be invested in fossil fuel companies, gambling, or even weapons manufacturers.
If you’ve switched how your super is invested to avoid any of those industries, you’re not alone.
The latest official superannuation statistics show most of Australia’s major super funds now offer investments designed to reduce exposure to everything from coal and oil to other industries like tobacco, weapons, gambling and alcohol.
