And get Dyson Heydon to run it?
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...because Dyson Heydon did so well last time. Pfft!
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The f***ing hypocrisy of this mob! Industry superfunds work for their members instead of shareholders? An idea - like unions - these entitled buggers just don’t understand!
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Now, now, Bernard. It's not called corruption or ineptitude in the private sector. It's called competitive executive remuneration and net earnings.
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@SenatorAbetz so you think they must be corrupt because they don't donate money to the#LNP. No wonder you don't want a Federal#lICAC.#auspolThanks. Twitter will use this to make your timeline better. UndoUndo
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Dirty union deals, Did someone mention $40,000 to Blarnaby Joyce?
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And that’s on top of the $50,000 she gave him at the last election.... Even the Farmers Federation don’t wan to have anything to do with this latest ‘largess’ from Gina. They have denied all knowledge of this ‘award’. Embarrassing.
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LNP determined to paint every single thing unions do as corrupt. Makes you wonder how they know so much about corruption!!!
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Who is it corrupting them couldn’t be their business mates could it

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Just greedy!
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Best thing I ever did was change from a bank to industry super fund. With the bank, there were so many fees and commissions that my fund was increasing by less than my deposits.
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Super industry funds out performing for their member is a bad thing Eric?
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It is to the LNP.
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corrupt unions . what a load of shit. unions are probably the most highly regulated & scrutinised organisations in this country
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Banks would probably do similiar if it wasnt for the excessive bonuses they pay themselves for doing their job.
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My God, the arrogance & ignorance of Abetz. I love my industry super and gloat over superior returns. Latest figures confirm huge difference. Keep your filthy Lib fingers off my super!
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Eric you poor little man Dont you realise millions of us are fed up to the back teeth with LNP BS
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So $80 million of TURC was just as we all knew, a waste of money done to do nothing more than attack BS, you have no integrity left Erica!
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Easy. Eric is anti-worker.
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Good question - have asked it myself. Certain some industry funds using or used to,smoothing of returns. So if a fund earnt 16% for a year they might give them 12% and allow the additional 4% to offset any future losses
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Nobody can smooth returns anymore - can’t hold an investment reserve. Commercial funds don’t underperform for structural reasons IMHO but they don’t take sufficient advantage of their situation either.
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