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1pc of your super for venture capital? Add it to the list

Everyone wants a piece of Australia’s $3.9 trillion super system. Add venture capital to the list. The problem is, it is not the government’s money to redirect.

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The first panel of any good summit sees a big-name speaker put an idea out there that can linger over the day.

On Tuesday, it was carving off a chunk of Australia’s large and growing $3.9 trillion superannuation sector to be invested into start-ups.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/one-per-cent-of-your-super-for-venture-capital-add-it-to-the-list-20240619-p5jn7p