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Chalmers urged to loosen performance test to get super behind net zero

Ronald Mizen

The peak lobby group for Australia’s $4.3 trillion superannuation sector has warned annual performance benchmarking of funds is undermining the net zero transition and other productivity boosting investments.

In a paper published ahead of Treasurer Jim Chalmers’ three day Economic Reform Roundtable next month, the Association of Superannuation Funds of Australia said its members were sometimes hesitant to invest in areas such as renewable energy because they risked getting a poor performance grade.

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Ronald Mizen is the Financial Review’s political correspondent, reporting from the press gallery at Parliament House, Canberra. Connect with Ronald on Twitter. Email Ronald at ronald.mizen@afr.com

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    Original URL: https://www.afr.com/politics/federal/chalmers-urged-to-loosen-performance-test-to-get-super-behind-net-zero-20250713-p5mel0