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ME Bank pays industry funds no dividends

MP Tim Wilson has argued industry super funds' ownership of ME Bank is at odds with the sole purpose test as the bank has yet to pay dividends.

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Read more: ME BankACTU MemberABASenator Tim WilsonAustralian Banking AssociationAustralianSuperBernie DeanHostplusIndustry Super AustraliaISAJames McPheeTony BeckUniSuper