Workers' capital : industry funds and the fight for universal superannuation in Australia

Tells the story of the Australian superannuation revolution led by trade unions in the 1980s. After a series of hard-fought industrial campaigns, an enormous financial industry was created, involving hundreds of thousands of employers and covering millions of fund members. From having one of the worst retirement savings systems in the developed world, in three decades Australia had one of the best. now the funds held in Australian superannuation accounts exceed the entire market capitalization of all the companies on the Australian Stock Exchange. Drawing on interview with the key players and extensive archival research, this book is the first systematic history of the unique Australian system of industry superannuation