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Australia politics live: super fund sends ‘hands off’ message to government; Marles says army joining search for Dezi Freeman | Australia news

KEY EVENTS

Tom McILOY

Australiansuper is the country’s largest super fund. There are more than 3.6 million members in the management and funds of $ 385 billion.

“I said this behind the closed doors and in front of the cameras, and I will say it again: I will say this in the speech: if the governments try to tell us what to invest, it would be a disaster for members.

“Members are at risk of investment, and this is their money.”

The authority says governments can later establish assets with a plan to sell or rent to long -term investors, such as super funds. However, it warns that some of the government’s role is to build things that are important for the country, but do not need super funds of financial return.

“We should break the Bank mentality, Sch says Schroder.

“Super, trillion is not a correction of dollars. Not every complex national problem can be used and used.”

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