Despite calls to introduce compulsory superannuation payments for parents on parental leave, the Department of Social Services has said it has not met with advocacy group Women in Super about the proposal.
Senator Larissa Waters asked the department during a Senate Estimates Committee hearing on whether it had met with the group regarding the Women in Super’s Make Super Fair campaign in October.
Waters also asked if it had prepared any advice to the Minister or Treasurer regarding super payments on parental leave.
The department answered the question on notice in December and said: “The department regularly provides advice on a range of issues related to Paid Parental Leave, including policy options, payment rates, cohort analysis and commentary on analysis undertaken by research and other organisations”.
Governor Bullock took a more hawkish stance on Tuesday, raising concerns over Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.