subscribe to our newsletter

Brogden predicts super, banking partnership

James Mitchell
12 May 2014 — 1 minute read

Financial Services Council chief executive John Brogden has suggested the rebirth of the Australian securitisation market will provide a strong investment for the nation’s $1.7 trillion superannuation pool.

Speaking at the Actuaries Institute Financial Services Forum in Sydney this week, Mr Brogden said a natural partnership will form between superannuation and the banking sector as the Murray Inquiry looks to the financial system to fund the Australian economy.

“We will have so much money available [in superannuation] that we look for very long term, very predictable outcomes in Australia with good strong predictable returns,” Mr Brogden said.


“You can’t go past home mortgages in Australia when you are looking for that,” he said, adding that Australians have a cultural connection to housing second only to the UK in terms of percentage of home ownership.

“Australians would eat baked beans before they default on their mortgage,” Mr Brogden said.

“We all know it; you will get down to your last penny and you will make every effort to repay your mortgage.”

Brogden predicts super, banking partnership
smsf logo
smsfadviser logo
join the discussion

Latest poll

Do your clients plan to add additional members to their SMSF if the new six member limit is passed as law?


Get the latest news and opinions delivered to your inbox each morning

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.