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I think this may the first time the Grattan Institute has been referred to as a "conservative think tank"! On the contrary, they are a centre-left think tank primarily focused on issues of social equity. They are concerned that the superannuation lobby has hijacked the compulsory contributions agenda for their own self interest, which may not be the best interests of society as a whole. The unusually united response from the competing factions within the superannuation industry suggests that Grattan may have a good point!

In theory, the union fund lobbyists (ISA, AIST) should be ideologically aligned with a centre-left body like Grattan. But as we all know, the primary role of unions in general and union funds in particular, is to provide power and money to union officials. Social equity is a minor secondary consideration, easily brushed aside.

In theory