In a recent media release Urban Taskforce CEO Tom Forrest wrote – Urban Taskforce Australia backs the call from the former Australian Prime Minister, Paul Keating, for the $3.3 trillion superannuation sector to get more involved in funding housing supply and social infrastructure investment.
But the superannuation and pension funds have belled the cat. The risks associated with approvals and timely delivery of housing projects are simply too high and most have refused to get involved. The common response from the Super funds is … “we would like to … but it is just too risky”.
Click here to read the full media release