On November 24th 2012, the Department of Immigration and Citizenship introduced the “Significant Investor Visa“ (subclass 188 & 888). This is great news for wealthy individuals around the world who would like to move to Australia.
We have all seen the (expensive) advertisments on television stating how the members are the prime consideration of industry funds. In addition the Industry Super Funds website states they “are run only to benefit members”. I’ve previously written articles here and here about how this isn’t always the case, but I’ll expand with a few more examples.