In , the federal Treasurer hastily bundled together three things that he felt superannuation funds ought to invest in: renewable energy, and housing. It was a classic sandwich communication: bracket the unpleasant item between two that sound good. I agree that makes good investment sense and my understanding is that they have already been doing so, for many years now. With respect to housing, again they are in this space already and I don't really see how extra dollars will address housing . All it will do is pour additional liquidity into our overheated housing market and ensure that prices remain sky high. Funds aren't going to…
