Eureka Correspondence

Household savings rates, Ethane Pipeline's fall, and explaining stock price valuation discrepancies.

Various articles, such as Adam Carr’s Will rising unemployment cut the sharemarket, refer to the ‘household’ saving rate - often cited as around 10%. Wondering if this includes the mandatory 9.25% super contribution? If so, the discretionary saving rate would approach zero. I guess this is not the first enquiry along these lines - but this point needs to be made clear in published articles to avoid confusion.

MB

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