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The Guardian - AU
The Guardian - AU
National
Katharine Murphy and Adam Morton

Jim Chalmers open to clean energy investment reforms pushed by super funds

Treasurer Jim Chalmers
Treasurer Jim Chalmers said the government is open to considering reforms being proposed by industry superannuation funds to boost investment in Australian clean energy. Photograph: Mike Bowers/The Guardian

Jim Chalmers has signalled the Albanese government is open to considering sweeping reforms being championed by industry superannuation funds to unlock billions in private capital to fund Australia’s clean energy transition.

After meeting on Tuesday with banks, venture capital firms, super funds and investor groups in Canberra, the treasurer told journalists he had committed to consider specific measures proposed by AustralianSuper, cbus, HostPlus, CareSuper, Hesta, UniSuper and the behemoth Australian fund IFM Investors.

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