It took tough reform to get Australia’s superannuation system off the ground 40 years ago. Paul Keating and his cohort did it, and now those whose professional and personal lives are much better for it are lucky enough to sit around talking about what to do with it.

Visy’s Anthony Pratt wants more of the now $3.9 trillion retirement savings pool to debt-fund companies. He says access to such capital, in his case in the United States, meant his family’s packaging group Visy could re-invest for growth, and remain in family hands. Keating is fully supportive.