Jim Chalmers

Treasurer Jim Chalmers appears to have set himself another impossible task: ending the super wars. But legislating an objective for superannuation and urging funds to take part in nation building projects will only inflame them.

If the Albanese Government gets its way, superannuation will finally have a true objective. But actually legislating it will mean navigating a semantic minefield.

While the debate around the use of super for nation-building projects like affordable housing rages, HOPE Housing is working on a new way for funds to get involved.

As the new Labor Government explores pathways to 15 per cent, the superannuation industry needs to examine whether that’s really in the best interests of members.