Mobilising superannuation funds for infrastructure development, in order to insulate Australia from the ongoing global financial crisis, should be a high priority for the next federal government. Of the $1,300 billion Australians have now invested in superannuation, only $40-65 billion (3 to 5 per cent) is invested in infrastructure. Further, most of this is invested in foreign, not Australian, infrastructure, according to Infrastructure Partnerships Australia. Ken Aldred (see his article in …
