In financial year 2018, around 87 percent of Australians between 35 and 44 years old had superannuation coverage. In Australia, superannuation is a compulsory savings system where a minimum percentage of a person's income is placed into a fund to support them in their future retirement.
Share of population with superannuation coverage in Australia in financial year 2018, by age group
Australia's financial year runs from July of one year to June of the following year; for example, financial year 2017 starts on July 1, 2016 and ends on June 30, 2017
Supplementary notes
Note: Includes persons with a superannuation account balance above zero and/or receiving regular income from superannuation and/or who received a lump sum superannuation payment in the last two years.
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Australian Bureau of Statistics. (July 12, 2019). Share of population with superannuation coverage in Australia in financial year 2018, by age group [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1027032/australia-retirement-fund-cover-by-age-group/
Australian Bureau of Statistics. "Share of population with superannuation coverage in Australia in financial year 2018, by age group." Chart. July 12, 2019. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1027032/australia-retirement-fund-cover-by-age-group/
Australian Bureau of Statistics. (2019). Share of population with superannuation coverage in Australia in financial year 2018, by age group. Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1027032/australia-retirement-fund-cover-by-age-group/
Australian Bureau of Statistics. "Share of Population with Superannuation Coverage in Australia in Financial Year 2018, by Age Group." Statista, Statista Inc., 12 Jul 2019, https://www.statista.com/statistics/1027032/australia-retirement-fund-cover-by-age-group/
Australian Bureau of Statistics, Share of population with superannuation coverage in Australia in financial year 2018, by age group Statista, https://www.statista.com/statistics/1027032/australia-retirement-fund-cover-by-age-group/ (last visited December 04, 2024)
Share of population with superannuation coverage in Australia in financial year 2018, by age group [Graph], Australian Bureau of Statistics, July 12, 2019. [Online]. Available: https://www.statista.com/statistics/1027032/australia-retirement-fund-cover-by-age-group/