Marketplace All-in-One

Why Trump has his eye on Australia's retirement system

Published: July 17, 2026

Duration: 6:49

President Donald Trump recently made a point to express admiration for Australia’s retirement system — and he says he’s got his Commerce and Treasury secretaries working on a strategy to implement it in the United States. Future Effects correspondent David Brancaccio joins to explain Australia’s “super” system of mandatory savings, and what it could mean for Social Security. But first: why new home construction jumped in June.


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