At this stage the recommendations form a report only to Government, with the Government yet to respond. The federal minister for superannuation, Chris Bowen, has indicated the response will take between six and eight weeks. But this was before a federal election was called for August 21, which will undoubtedly delay the government’s response. Nevertheless, a lengthy consultation between government and the industry is likely once this contest has been fought.
Investments
Whenever super fund CIOs are asked what they’re doing about AI risk, “diversifying” is always the answer. But as cross-portfolio exposures to the thematic grow and grow, that answer is no longer good enough.
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