Senate debates

Wednesday, 11 September 2024

Questions without Notice

Superannuation

2:36 pm

Photo of Andrew BraggAndrew Bragg (NSW, Liberal Party, Shadow Assistant Minister for Home Ownership) Share this | Hansard source

My question is to the Minister representing the Treasurer, Senator Gallagher. Minister, a few weeks ago APRA ordered Cbus and BUSSQ super to review their governance arrangements, given recent allegations of serious misconduct within the CFMEU, which is a shareholder of both Cbus's trustee, United Super, and BUSSQ. Minister, does the government think it's appropriate for the CFMEU to remain a shareholder in superannuation entities controlling over $100 billion in members' savings?

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