Labor’s push to legislate an objective for the $3.3 trillion superannuation sector has reopened old wounds in one of Australia’s most heated policy battlegrounds.
For the second time in less than a year, Treasurer Jim Chalmers declared he was ending the decades-long “superannuation wars”.
And once again, he did so while simultaneously stoking the conflict by outlining a vision for the $3.3 trillion retirement savings system that would enrage old foes and act on the dreams of his labour movement heroes.
Aleks VickovichWealth editorAleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com
