Quantcast
au iconAU

 

 

Palmer pushes govt for investment mandates in super

The Palmer United Party has proposed the government either introduce legislation which forces a portion of superannuation to be invested solely in Australian assets, or remove the tax benefits for investment in overseas assets.

Palmer pushes govt for investment mandates in super
smsfadviser logo

In a statement issued to SMSF Adviser, the Palmer United Party said that Australia holds one of the highest amounts of superannuation funds of any country, currently at $2 trillion.

Read the full story at SMSF Adviser.

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox