Super’s private credit push comes with challenges
The superannuation sector is finally ready to step up as a big lender to the economy. But can it do it on its own?
ANZ chief executive Shayne Elliott says he often jokes within the bank that “money is so cheap you can’t give it away”.
“There’s too much liquidity, that is not the issue. The issue is generating a decent return from a bank’s perspective,” he told the fifth super fund lending roundtable moderated by The Australian Financial Review and supported by Visy Industries.
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