Industry Super Australia chief executive Bernie Dean said superannuation funds were already major investors in Australia, but agreed more could be done to help pull the economy out of its downturn.
While acknowledging asset allocation and investment decisions were matters for individual super funds, Mr Frydenberg told this masthead there was a role for both public and private investment in productivity-enhancing infrastructure. Hostplus chief executive David Elia said the fund already backed local nation-building projects and expected there would be "further investments into the post COVID-19 economic recovery across Australian businesses, property and infrastructure" to support jobs.
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Chinese investment in Australia lowest in 10 years, super funds urged to spendChinese investment in Australia has fallen to its lowest level in a decade as political tension rises between the two major trading partners | JennieDuke JennieDuke Picking a fight with your major trading partner at any time is not good for the economy - but doing so right now. The LNP like to kid themselves as good economic managers when they are usually just better at being racist. BlackLivesMatter JennieDuke JennieDuke Good, they cannot be trusted, by they I mean CCP
Source: smh - 🏆 6. / 80 Read more »
Chinese investment in Australia lowest in 10 years, super funds urged to spendChinese investment in Australia has fallen to its lowest level in a decade as political tension rises between the two major trading partners | JennieDuke JennieDuke Picking a fight with your major trading partner at any time is not good for the economy - but doing so right now. The LNP like to kid themselves as good economic managers when they are usually just better at being racist. BlackLivesMatter JennieDuke JennieDuke Good, they cannot be trusted, by they I mean CCP
Source: smh - 🏆 6. / 80 Read more »