Media releases

  • Should superannuation funds do more direct lending to business? Discussion paper released

    Posted: Tuesday 02 October, 2018

    In the right circumstances superannuation funds could provide capital for growth to SMEs and business more generally, complementing more traditional capital sources such as banks, according to a new discussion paper out today.

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  • Labor’s steps to close the gender super gap a welcome start

    Posted: Wednesday 19 September, 2018

    Labor’s pre-election commitments to narrow the gender super gap, such as paying superannuation on parental leave and scrapping the minimum $450 threshold, are a welcome start, says Industry Super Australia.

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  • Industry funds to make account consolidation super easy, member savings could top $100m per year

    Posted: Monday 10 September, 2018

    Industry super funds have announced a new initiative to take the legwork out of consolidating multiple accounts to save eligible members an average $260 a year in fees and insurance premiums. So far, eighteen industry super funds covering over half the workforce are cooperating in a collective cross- fund matching initiative that will be free of charge to members if a successful match is found. In...

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  • Industry Super Australia welcomes move to abandon pension age increase

    Posted: Wednesday 05 September, 2018

    News that the government has abandoned plans to increase the pension age to 70 has been welcomed by Industry Super Australia.

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  • Australians voting with their feet when it comes to super – new data

    Posted: Wednesday 29 August, 2018

    New APRA data shows a wave of Australians shifting their retirement savings into consistently high-performing industry super funds.

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  • Policy reform to match financial literacy efforts would help narrow super gender gap

    Posted: Thursday 09 August, 2018

    Industry Super Australia has welcomed ASIC’s new Women Talk Money videos, but says narrowing the superannuation gender gap would require policy changes to a system unforgiving of broken work patterns.

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  • Industry Super welcomes complex and detailed expert review of RG97

    Posted: Tuesday 24 July, 2018

    Darren McShane’s detailed review of fees and costs disclosure, and ASIC’s regulatory guidance, is a thorough and considered study of a complex area, says Industry Super Australia.

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  • Tax credits the missing link to fixing affordable housing shortage, says chief economist

    Posted: Thursday 28 June, 2018

    One of Australia’s leading economists is proposing tax credits for institutional investors who put their money into affordable housing projects.

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  • Statement to correct the record

    Posted: Tuesday 05 June, 2018

    An Executive of the Business Council of Australia published an opinion piece concerning industry super funds in the Australian Financial Review on 30 May 2018, following a similar speech delivered on 27 May 2018, as well as opinion pieces published in the Daily Telegraph on 10 April 2018 and 27 February 2018. This statement corrects the record.

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  • Unpaid super balloons to 3 million workers, latest tax office data shows

    Posted: Friday 01 June, 2018

    In just a single year, the number of Australian workers underpaid their superannuation has ballooned to almost three million, new figures released today reveal.

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