Correspondence with the Prime Minister

The Leader of the Opposition, the Hon Bill Shorten MP, upheld the PROMISE of the Australian Labor Party to pay 100% compensation to members of several superannuation funds administered by Trio Capital Limited when these members suffered losses due to theft and fraudulent conduct, when he was the Minister responsible for the COMPULSORY superannuation system. More information on the Trio Capital Superannuation Fraud can be found here. It is the policy of the Coalition Government to pay at least 90% compensation to the victims of Government regulated superannuation fund who suffer a loss due to theft or fraudulent conduct. A histroy of correspondence with the Prime Minister, the Hon Tony Abbott MP is as follows: