Costello slams super industry self-interest

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By Leith van Onselen

Former Treasurer, Peter Costello, has savaged Australia’s superannuation industry, labeling those whom work within it as being self interested, of acting liked spoilt brats, and delivering returns no better than the sharemarket despite paying themselves massive fees and salaries.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.