I found this over on the super forum... thanks to the poster who put it there...
so now its not only wayne swan wants your super to fund his deficits, but the banks want some action too... like to pit yourself against one or the other, or both...whichever way, you lose, they win or call it a win win for both of them ...........................
National Australia Bank Ltd (NAB) chief executive Cameron Clyne has warned that a looming funding crisis facing Australian banks will lead to reduced lending for home buyers and businesses unless the federal government opens-up the $1.3 trillion superannuation sector as a source of funding for the banks, according to The Australian Financial Review.
