Super Industry fees raked in $18B or +1% of GDP last year

Discussion in 'Superannuation' started by Clawhammer, Aug 27, 2013.

  1. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    From ABC's "The Business" from the industry side, it's a story of outrageous lies & moustaches;

    Embedded Video goes for 3:33 mins

    http://www.abc.net.au/news/2013-08-27/the-great-super-fee-grab-billions-poached-from/4916910
     
  2. Agnostic

    Agnostic Active Member Silver Stacker

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    Sometimes people get frustrated with the money politicians spend on travel, clothes or prostitutes, but those items are nothing compared with the big-ticket thefts like compulsory superannuation, NBN, roof insulation, foreign 'aid', and various pork barrel projects in the billions.
     

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