Union-backed Industry Super funds will not be given preferential treatment: Shorten | Sky News Australia

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Former Trade Unions Secretary Bill Kelty, an architect behind industry super, says the Labor leader has a duty to protect worker savings by standing up to underperforming funds.

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Keltly should ask Shorten why he is taxing franking credits for self funded retirees & exempting the Future Fund thus protecting public servents from the tax.

And backing 50% Renewables target to possibly appease Union Superfunds? Is that the reason Shorten is pushing 50% RET ? auspol skynews LaborFail abc

Yeh Bill, and don't grab their savings by your unfair policy of not counting Imputed dividends as Tax Paid just because you're a self funded retiree.

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'They should be accountable': Labor legend tells Shorten to face up to Industry SuperBill Kelty has warned the alternative prime minister he has a duty to protect workers' savings over the vested interests of 'loud underperformers'. ErykBagshaw THE oath of Office & promise given by EVERY elected MP. to serve all constituents & the people of Australia. Senators JOB to protect States Rights against the MIGHT of the Big States. implied is All Australians Living & not yet BORN. With the AIR, water, minerals & assets
Source: smh - 🏆 6. / 80 Read more »

'They should be accountable': Labor legend tells Shorten to face up to Industry SuperBill Kelty has warned the alternative prime minister he has a duty to protect workers' savings over the vested interests of 'loud underperformers'. Well said How about Politicians just keep their hands off it. They will just make more of a mess. Most of these concerns can be addressed with Financial Literacy education. Allow customers to understand their own super and move at will. Needs to be ASAP
Source: theage - 🏆 8. / 77 Read more »