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Hannah Wootton

AusSuper and HESTA have photo ops, not affordable housing

Ethical property company Assemble has turned out to be just as keen to cash in on rising property prices as regular developers.

With $4.5 trillion funds under management (and counting), there’s scarcely a problem that governments think the country’s super honeypot can’t solve.

The housing affordability crisis is one of those. Just ask Jim Chalmers, who turned blue when Labor first took power trying to convince funds they were the answer to young Australians’ property market woes.

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