I can see arguments for both sides (the australian super boss is obviously biased.. and taking power away from industry super funds who misuse their voting power to push woke company agendas, is a good thing).
If you can move all your money in super, out of shares and into cash (as many did during the COVID crash, and missed out on all the gains since then - therefore impacting their retirement savings) its a pretty tough argument to say that you arent allowed to use your super to buy your own house...
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- ‘Debilitating effect’: AustralianSuper boss hits out at PM’s housing plan
‘Debilitating effect’: AustralianSuper boss hits out at PM’s housing plan, page-28
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