Australian banks' market value surges $148 billion, raising superannuation risk concerns.

A significant rise in the share prices of Australia's big four banks has led to a market value increase of about $148 billion, reaching nearly $590 billion. This surge has sparked discussions in financial markets and affects many through superannuation funds holding their retirement savings. Regulators are increasingly concerned about potential risks in the $4 trillion super pool due to this trend.

3 months ago
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