Investors who rely on bank interest have seen their income more than halve over the past two years
As Channel 7's Nick Bruining explains, “there's an alternative that pays higher returns that most of us know nothing about”.
State manager Darryl Bruce says a bond is a loan from an investor to a government or a large business that pays periodic interest, with the investor receiving their capital back at the end of the loan. The government and businesses issue super fund bonds all the time, as a conservative super fund might have more than three quarters of all the money invested in bonds.