Could super funds help save Australia's housing problem? | That's Business with Alan Kohler

More than $400 billion. Millions of members. And a front-row seat to the forces shaping the Australian economy. If you think super is dull, or the people who run it are dull, think again. Paul Schroder runs AustralianSuper, the biggest superannuation fund in the country - and he has plenty to say about where the economy is heading, how geopolitics is reshaping investment, and why Australia’s biggest problems are productivity, inequality, and above all, housing. In fact, he thinks housing is the biggest issue facing the country - and a major weakness in the way the economy now works. So what could Australian super funds like his do to fix it? Paul Schroder joins That's Business with Alan Kohler to unpack it all. Chapters: 00:00 - Intro to Paul Schroder, CEO of AustralianSuper 03:45 - Superannuation in Australia 04:45 - Allocation of superannuation in international shares 06:00 - Exposure risk amid Iran war and US uncertainty 08:30 - Allocation in Asia and emerging markets 11:13 - Australian economy 12:24 - Concerns over productivity, inequality and housing 13:43 - Housing supply and demand 19:45 - Super and its role in housing 22:00 - Unlocking opportunities 23:44 - Should super funds buy people a house to pay off? 25:36 - Is AI a bubble? 28:12 - How much of super is invested in AI? 30:44 - 'Stupid companies will use AI to get rid of people' 32:40 - Claude and Anthropic 34:00 - AI impact on water, workforce, war 35:25 - Should the superannuation system be reassessed? Subscribe: http://ab.co/1svxLVE ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation. For more from ABC NEWS, click here: https://ab.co/2kxYCZY Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2 Like ABC NEWS on Facebook:   / abcnews.au   Follow ABC NEWS on Instagram:   / abcnews_au   Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia