APRA faces heat on industry fund donations
The prudential regulator has been grilled by the House economics committee around the appropriateness of industry fund political donations and whether such donations constitute a breach of sole purpose.
Facing questioning from committee chair and Liberal MP Tim Wilson around donations made by Sunsuper and Industry Super Australia to state divisions of the Labor Party, APRA deputy chair Helen Rowell said it was “difficult to comment” on the nature of the donations without more specific information.
Read more at SMSF Adviser.
