Trump Backs Australia’s $2.6 Trillion Super Funds for US Retirement Reform
Updated
Updated · Bloomberg · Jul 12
Trump Backs Australia’s $2.6 Trillion Super Funds for US Retirement Reform
3 articles · Updated · Bloomberg · Jul 12
Summary
Donald Trump said he wants to draw on Australia’s superannuation model as he renews efforts to overhaul what he called an ailing US retirement system.
The push follows strong public enthusiasm for Trump Accounts for children, which Trump used last week to shift attention toward retirement policy for parents and grandparents.
Australia’s super funds — private pension vehicles widely admired abroad — are emerging as the template Trump is publicly endorsing for a broader US savings-system redesign.