This week, a fierce debate erupted over the purpose of the nation’s $3.3 trillion superannuation pot. This is what the experts had to say.
Given their power in the economy – with a combined $3.3 trillion in assets under the control of super funds – some believe these huge pools of capital should be put to use to help solve social and environmental challenges, such as climate change and housing affordability.
“Super is obviously in lots of ways the hope of the side when it comes to building national savings, when it comes to investing in our national priorities, when it comes to projecting the influence into the region. “Secondly, around housing and housing affordability. Now from an Aware Super perspective, we’ve led the market in housing affordability, and we’ve earned very good returns for our market for our members.”
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