The AFR View
Should banks be freed to lend with super?
It would be a political decision to reduce the capital buffers protecting Australia’s banks in order that they can co-lend with super funds.
It’s a compelling idea. Australian super funds are building a $7 trillion mountain of retirement savings by the end of the decade, looking for solid returns, and they already own 40 per cent of Australian equities.
Why not match the capital with the credit and loans distribution skills of the big banks to fund Australian companies directly in co-lending schemes?
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