Talk of a $5M Cap on Superannuation Balances., page-156

  1. 4,862 Posts.
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    I'm sure they would prefer no cap at all , but if there has to be a cap they want to make sure it doesn't apply to their members.

    Large super funds, especially industry funds, wield a fair bit of political power- remember the ALP's franking credit fiasco -where essentially large funds got the franking credits from their investments and SMSF's didn't

 
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