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Coronavirus has so far cost average the Australian superannuation balance $5,900, data shows

The coronavirus outbreak has carved more than $5,900 from the average superannuation balance in just a fortnight, new data shows.

Data prepared by analysts Morningstar for Guardian Australia shows the fall in the stockmarket since 21 February has reduced the amount held in the most common account type – the “balanced” option – by 5.45%.

The falls, which do not include the market’s spectacular tumble on Monday or its rebound on Tuesday, are far worse for other, more aggressive, options.

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