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Super reforms to hand government ‘extraordinary’ powers Super reforms to hand government ‘extraordinary’ powers Labor’s financial services spokesman has said giving the Treasurer carte blanche over super funds investment strategies in the government’s new reforms would set a dangerous precedent. A A Shadow finance minister Stephen Jones warned that Treasurer Josh Frydenberg’s veto power over super fund investments would create sovereign risk and that a future Treasurer might use the same power against the business community, saying “this is a ball that can be kicked in both directions”. “The thing conservatives should be concerned about is the investment delete power they’re happy to hand a Treasurer…in fact, every Treasurer to come,” Mr Jones said.

Craig kellyStephen jonesJosh frydenbergLachlan maddockAustralian institute of superannuation trusteesTreasurer josh frydenbergIndustry super australiaAustralian instituteSuperannuation trusteesகிரேக் கெல்லிஸ்டீபன் ஜோன்ஸ்ல்யாக்லந் ம்யாடொக்ஆஸ்திரேலிய நிறுவனம் ஆஃப் சுப்பெறன்ணுஅதிோன் அறங்காவலர்கள்தொழில் அருமை ஆஸ்திரேலியாஆஸ்திரேலிய நிறுவனம்சுப்பெறன்ணுஅதிோன் அறங்காவலர்கள்