When the Trump administration and Albanese government inked a deal for the U.S. and Australian governments to invest $4.6 billion ($3 billion USD) in critical minerals projects across Australia, the announcement came with something of an added bonus for the U.S. shortly after: a claimed commitment that Australian superannuation funds would invest “almost $1 trillion” in the United States by 2035.
In a press release, the White House stated:
“The United States and Australia are forging a historic partnership to drive innovation, economic growth, and technological leadership through strategic investments and collaborative initiatives.”
