Super governance Bill passes amid cries of favouritismBY BEN COLLINS, MELANIE TIMBRELL | THURSDAY, 16 AUG 2012 11:30AMThe Federal opposition argues that a scale test on superannuation fund trustees inappropriately favours industry super funds. |
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I wonder how many years it will actually take before a politician truly understands the structure of industry funds? They are not "union dominated" in fact most (if not all) adopt the equal representation model which has an equal number of employer represenatives on the Boards. Unions have no "control" as such, and never will.