“It’s all very polite in public, but behind closed doors, the bosses of the country’s big industry super funds must grind their teeth every time Treasurer Jim Chalmers mentions his dream of directing some of the country’s $3.3 trillion in retirement savings into areas such as clean energy, aged care and social housing.”
Not only do I not trust superfunds to invest with my best interests at heart, I definitely don’t trust politicians to direct those investments effectively, show me a project that has ever been run on time and on budget that a government has had anything to do with.