Liberal Party

Policy and Regulation

The Government’s contradictory super changes

The contradictions at the heart of the Government’s proposals for scrapping default awards and prescribing at least a third of independent trustees on superannuation boards have been highlighted by the AIST. Tom Garcia, chief executive of the AIST, made the comments to Investment Magazine, but used a similar logic when speaking before the Senate Economics […]

Cormann wish list to hit industry fund status

Cuts to red tape and greater market freedoms in superannuation have been promised by Senator Matthias Cormann if the Liberal Party wins the election. These will open up the system of default funds for industry sectors and will also face the imposition of independent trustees. He has also reiterated his party’s promise that there will […]