"No not EVERY Australian. My SMSF allows ME to decide what to invest my super in."
Me too, for many years, and successfully too. In fact, it appalls me the way in which much super money is invested poorly. But SMSFs are still a very small amount of the super cake, and many SMFS would be invested in RIO and BHP anyway. And very happily I would venture.
It must be so tempting to the Government to pull the plug on super money.
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