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« Hyderabad: More parking lots in busy areas | Main | Moody's introduces Global Project Finance Group » July 30, 2007Australia: Super could boost infrastructureSource: The Australian By Adele FergusonAUSTRALIA'S superannuation savings, now totalling $1.1 trillion, could hold the answer to the country's infrastructure challenge - and underpin growth. A report obtained exclusively by The Australian shows tapping into that money could help Australia to maintain gross domestic product growth of between 3 and 4 per cent for the next two decades. The report by Infrastructure Partnerships Australia, titled Australia's Infrastructure Priorities -- Securing Our Prosperity, says any reform agenda into infrastructure needs to look at superannuation funds.Posted by pichu at July 30, 2007 8:16 AM |
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