Opinion: Should superannuation fund nation-building projects?
Labor’s proposals to ban early access to retirement savings and direct super funds to invest into nation building projects might be seen as an overstep by the government.
The Australian Labor government published a consultation paper to legislate the objective of superannuation funds to deliver sustainable retirement outcomes on February 20.
The contents of the proposal, as outlined in a speech by Treasurer Jim Chalmers on February 20, are already receiving mixed reviews and could perhaps be neglecting the wishes of individual members.
As part of the delivery on this proposal, the Australian government is looking at ways to essentially block the …
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