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Channelling the Bishop (Bronnie, that is)
In the days when Rollover strolled the corridors of the Federal Parliamentary Press Gallery he noted the manner in which certain Parliamentarians sought to use the committee system to advance their political careers.
Labor’s former Senator John Faulkner comes to mind as someone who earned high praise for his forensic interrogations of Government departments, while sometime helicopter passenger and former speaker, Bronwyn Bishop, also earned her spurs in the committee rooms.
So, who among the current crop of politicians seem to be utilising the committee rooms to navigate a path to power?
Rollover noted that former journalist, Victorian Liberal Sarah Henderson, was exhibiting Bishopesque tendencies in her summation of the House of Representatives Standing Committee on Economics review of the Australian Prudential Regulation Authority, but she has strong competition from the upper house.
For his money, Rollover is backing the chair of the Senate Economics Committee, Liberal Senator Jane Hume, who has the distinction of having worked for AustralianSuper but who has thereafter exhibited little love for the industry funds movement.
In terms of appearance and technique, Rollover reckons Hume is channelling “the Ron”.
AUTHOR
The Rollover
Rollover is a jaded hack who joined the staff of Super Review nearly two decades’ ago and never managed to summon the energy to leave. Known throughout the superannuation industry as a power-luncher and gossip, Rollover spends his time humouring fund managers, eavesdropping at conferences, dozing through briefings and looking for his next free meal.
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As a history buff, Rollover is well-aware of the importance of the role the vanguard plays in a military force, as the leader at the front of battle.
Now that crypto investing is mainstream, with Rest Super announcing it will put a portion of its funds into it, Rollover wonders whether his grandkids will think he is hip when he shows them his crypto balance in his new digital wallet.
Rollover is almost as fascinated by superannuation fund mergers as the deputy chair of the Australian Prudential Regulation Authority (APRA), Helen Rowell.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
31.56 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
26.81 3 y p.a(%)
