From the AFR:
There are growing calls for the next federal Treasurer to appoint an investor representative to the Reserve Bank of Australia board on warnings that record low bond yields and official interest rates have driven up the cost of self-funded retirement by as much as 35 per cent.
Broadening the board’s expertise beyond its normal corporate chiefs and monetary policy academics would inject the much-needed perspective of retirement savers, a growing group of Australians who have been slammed by the double whammy of collapsing returns and a government crackdown on super concessions.