and given people a stake in its prosperity.
“Australia has weathered two financial shocks remarkably well, including the GFC and COVID-19, which in turn has allowed us to enjoy almost 30 years of uninterrupted economic growth,” she said. Last October, it introduced the Your Future, Your Super reforms, which included blocking underperforming superannuation funds from taking on new members if returns were not improved, forcing funds to publicly disclose poor returns on investments and requiring them to prove they were acting in the best interests of Australians.
Telling lies to the world Just like the rest of them.
Also from Jane Hume (formerly employed by NAB and Deutsche Bank) - she's not big on consistency our Janey!
SenatorHume Paul Keatings SGC Superannuation system A AustralianLabor superannuation policy
World summit? Lmfao Morrison’s own little world
What a fraud!
Lol. Didn't she want to shutdown superannuation last year when she was not worried about election?
Than why the fark does the coalition hate it so much.
Same as Angus Taylor crowing about renewable energy investment in Australia ... notwithstanding the fact that the LNP has been trying to delay / hold back / destroy the section since Abbott was elected in 2013.
Ffs. This has gotta be a joke.
SenatorHume Liberal’s trying to destroy Industry Superannuation Australia auspol COVID19 AlboForPM
Australians are arrogant, selfish, greedy capitalists & 80% support leaving fellow Australians stranded overseas because they're scared of COVID19 .
She what now! Ffs they want the whole system scrapped so we have people poor and working till they drop.
Thank you Paul Keating. LNP fought tooth & nailagainst super.
She’s doing that think joe hockey used to do where they say things internationally and forget that we can find out what they said back here too. Also she thinks we’re stupid.
Thanks Labor!!
The truth is, many Australians were forced to eat away their own retirement funds just to survive, so the government could squander tens of billions of taxpayer dollars on businesses that increased profits, paid huge executive bonuses, and clearly didn't need support at all.
But she forgot to mention compulsory superannuation was started by a labor government under complete opposition from her side of politics, hmmmm wonder why?
TimWilsonMP just blew a gasket
Yeah pretty amazing they got everyone to use their personal savings to get the government out of trouble and cover for their economic mismanagement.
BREAKING: Liberal Party politician praises Labor Party policy she has been trying to wreck.
Might be true, but sounds like opinion. It would be nice if ministers could use a bit of science to back opinions. If they know what science is!
Geez did she tell TimWilsonMP
Hume probably stopped short of thanking the Aust Trade Union Movement for inventing the system. Probably also didn't mention how the TUM had to campaigning hard for the system against the bitter opposition from by employers and the Liberal National Party.
And yet the LNP are doing their best to destroy it.
Jane Hume - Domestic Audience - Superannuation Industry = BAD. International Audience - Superannuation Industry = Good.
Be nice if she stopped trying to dismantle it with ridiculous interventions from APRA
We need a Labor Government to protect Industry Super Funds from the Morrison Government auspol Australia afternoonbriefing abc730 AlboForPM
Superannuation introduced by a Labor government
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