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Altered States
OK, so it wasn't unpredictable to see the High Court bow down at the altar of expanded federal powers this week, but in ruling this way our most senior judges have betrayed something more profound.
Interview: Common Ground
Nature Conservation Council director Cate Faehrmann on the fight against global warming and how unions and greens can learn from each other.
Industrial: A Low Act
The Low Paid. The Fair Pay Commission knows who pays them. We can do something about it as they will not.
Unions: The Number of the Least
Forget 666 - 457 is looming as the scariest number for Aussie workers and their families, Jim Marr writes.
Politics: The Smoking Gun
Hayek's henchman, Raplph Harris, goes to free market heaven, writes Evan Jones
Economics: Microcredit, Compulsory Superannuation and Inequality
They are supposed to ensure the wealth of well-being of individuals. Whats wrong with that? asks Neale Towart
Environment: Low Voltage
Nuclear Power and Prime Ministerial pronouncements are seriously short of a few volts, wrties Neal Towart
History: The Art of Social Justice
Tom Martin was a terrific cartoonist and part of a great tradition in labour movement history and culture, swrties Neale Towart.
Review: Work’s Unhealthy Appetite
It pays the bills – usually – but going to work should come with a warning, wrties Jackie Woods.
Culture: A Forgotten Poet
There is little information on the public record about the radical working class poet Ernest Antony, writes Rowan Cahill.
 Westpac Banks on Aussies, No Joshing
Coal Miners Go Green
TAFE Chiefs Want WorkChoices Cut
“Elephant” Knocks Over Unicentre
Bosses Strike Fair Deals
NSW Swings to Rights
Sparks Fly Over Electrical Interference
States Quarantine Remaining Rights
Carpeted Victorians Fight AWAs
Golden Geese Rule - Have a Gander
Super Result for Industry Funds
Smithfield Packers Shelved
The Soapbox
Robbo Goes Green
John Robertson's speech to the Walk Against Warming Parliament
The Westie Wing
Ian West takes a look at a former public institution and its contribution to NSW.
Billionaires Club
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Labor Council of NSW
Vic Trades Hall Council
IT Workers Alliance
Bosswatch
Unions on LaborNET
Evatt Foundation
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News
Super Result for Industry Funds
Fees and charges of industry superannuation funds are just 60% of their retail 'for-profit' counterparts according to a regulatory report out this week.
Where industry funds charged on average $453.26 a year to manage members' nest eggs, retail funds charged $763.07 according to the Australian Securities and Investments Commissions, which has been tracking the fees since the Federal Government introduced 'choice of fund' legislation last year.
Industry funds were only beaten on fees by in-house company-managed funds, which are becoming much less prevalent.
ASIC's is just the latest in a string of studies which show union-backed industry super funds deliver better outcomes in returns and low fees for fund members.
Over time, higher fees have a considerable impact on returns, ASIC said.
On a $50,000 account balance with annual contribution of $5000, total fees per year can vary between zero and $1800, with the average about $650.
ASIC estimated that paying 1 percent less in fees could mean a 20 percent boost in super benefits over 30 yea
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Issue 333 contents
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