I doubt that the Coalition would be that friendly to Union backed super funds.
Remember the Royal Commission that they set up for banks that included super, to target industry funds, that backfired spectacularly?
I guess super funds will find a way to manage the requirement to pay out more cash than expected.
Maybe hold new contributions as cash, not allow as much switching, sell their bonds and so on.
A lot depending on how many people take advantage of the scheme.
Disclosure, I haven't actually delved deeply into how the early access to super works so DYOR.
The Future Fund is there to fund the unfunded liabalities of certain retiring public servants whose super was overly generous.
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