Australia’s biggest super funds are quietly pouring billions into gambling companies—$14.8 billion total—with Australian Super alone holding nearly $5 billion. Critics say this is a shocking blind spot, as gambling fuels bankruptcies, mental health crises, and family breakdowns—yet super funds treat it like any other investment, ignoring the social harm. While funds claim they’re chasing returns and engage companies on responsible practices, advocates demand transparency: if you care where your retirement money goes, ask your fund—and push for change.
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