Australia’s investment in the U.S. economy is expected to exceed $1 trillion throughout the next 10 years, with a focus on infrastructure, according to a report commissioned by IFM Investors, an Australian superannuation fund–owned infrastructure specialist.
By analyzing the Australia-based economics, strategy and policy, funds in the United States are expected to double from the current $400 billion, including $300 billion in new investments.
In addition, Australia’s retirement market is expected to grow by more than $7 trillion by 2040. Australian super funds are meeting with members from the U.S. government to discuss ways to collaborate on their economic progress. In attempts to strengthen ties with the United States, Australian treasurer Jim Chalmers addressed the economic partnership that is mutually beneficial for the two nations.
“So together, you represent very substantial investment opportunities on capital flows towards roads and bridges, ener