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Day: June 9, 2010

SMSFs close in on the magic million

PORTFOLIO POINT: The average SMSF balance will most likely top $1 million this year. Australia’s average SMSF balance could top $1 million this month with the aid of a small recovery in property and equity markets and Australia’s usual end-of-financial-year flurry of contributions. The average DIY super balance was within a whisker of topping seven […]