Deregulation and weak regulations allows greed and dishonesty to continue in Australia’s financial sector, argues Suzanne James.
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The Big Money Club clearly lives by its own perverse rules.
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For a long time, superannuation was available only to permanent public sector workers and managerial employees in the private sector. So-called “blue collar” workers were not so privileged. In the mid-1980s, only about a quarter of these workers had access to superannuation, more often than not following union-led campaigns in targeted industries.
