These funds already invest some money in the corporations Morrison is bailing out like Virgin. Now Morrison has turned into a dodgy financial advisor. It sounds as if he’s demanding to invest, no give money to businesses that were already on the brink before COVID-19. Virgin for one.

Virgin wasn’t asking for a loan as much as a buyout. saying if they don’t repay in two years the government can have them. Morrison seems to be handballing companies like Virgin to the pension funds for an apparent commission of making the LNP look good but it simply makes him look dodgy by calling them weak.(ODT)

Australia’s Morrison Wants Pensions to Fund Company Bailouts – Bloomberg