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flag Victoria’s premier urges super funds to invest in public projects, sparking debate over risks to retirement savings.

flag Victorian Premier Jacinta Allan has called on Australia’s $4.3 trillion superannuation industry to invest in public infrastructure like hospitals, schools, and green energy projects, arguing such investments benefit working Australians. flag The proposal, part of a broader push for public-private partnerships, has drawn criticism from financial experts and media figures who warn of risks due to Victoria’s $50.6 billion deficit and recent losses. flag Critics stress super funds must prioritize safe, profitable returns and avoid politicizing retirement savings, noting trustees have legal duties to members’ financial well-being. flag While federal Treasurer Jim Chalmers considers easing investment rules, concerns remain over whether infrastructure projects offer sustainable returns and whether funds have the expertise to manage them.

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