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Nicola Roxon to chair new $1.4trn industry super lobby group

Former health minister and attorney-general Nicola Roxon will chair a new superannuation policy and lobby group dominated by Labor party and industry super heavyweights.

The new body, named the Super Members Council of Australia (SMC), combines two industry bodies – Industry Super Australia and Australian Institute of Superannuation Trustees – and establishes a new “big eight” group of funds that will dominate the $3.5 trillion system.

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Hannah Wootton is a Rear Window columnist, based in Melbourne. Connect with Hannah on Twitter. Email Hannah at hannah.wootton@afr.com

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    Original URL: https://www.afr.com/policy/tax-and-super/nicola-roxon-to-chair-new-1-4trn-industry-super-lobby-group-20230919-p5e5ud