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Budget Briefing – Melbourne

About this event

With 2025 underway and an early Federal Election on the horizon, all eyes in the super industry are on the Federal Budget, set to be delivered on Tuesday 25 March.

We hope you can join us at the ASFA Budget Briefing in Melbourne where Shane Oliver, Chief Economist, AMP, Simon Welsh, Director of Research and Reputation, RedBridge Group and ASFA CEO Mary Delahunty, will unpack the Budget and the government’s priorities, and what they mean for our sector.

Will this year’s Budget answer some of the following questions?

  • Is the Government spending up big in the context of an imminent general election?
  • What are the plans to address inflation and rising living costs?
  • Will employment growth be supported by the various Budget measures?
  • Will housing affordability improve in the near future as a result of program initiatives in the Budget?
  • Does the Budget provide scope for enhancing the Low Income Superannuation Tax Offset?
  • Is the Division 296 tax on individuals with more than $3 million in superannuation still part of the budget Forward Estimates? Or is superannuation tax reform off limits in the runup to the election?
  • Is a reduction in interest rates supported by the Budget settings?

Join your super industry peers and colleagues to find out.

Details

27 March, 2025
12:00pm – 2:00pm

Pricing (incl. GST)

Standard

Member: $250
Non-member: $320
Member table of 10: $1,950 ($195pp)
Non-member table of 10: $2,600 ($260pp)
Speaker Placeholder image

Shane Oliver

Head of Investment Strategy and Chief Economist, AMP

Speaker Bio

Shane Oliver joined AMP in 1984, becoming Chief Economist in 1994 and is now Chief Economist and Head of Investment Strategy of AMP. Shane has extensive experience analysing economic and investment cycles and what current positioning means for the return potential for different asset classes such as shares, bonds, property and infrastructure. Shane is a regular media commentator on economic and investment market issues and engages regularly with investors at public events and forums.

Shane is Head of the Investment Strategy and Economics team, responsible for the provision of economic and macro investment analysis which is applied across AMP’s multi-asset funds.

Shane has a PhD in economics which focussed on the validly of the Efficient Market Hypothesis (it isn't) and asset price bubbles (there are). Apart from economics and macro investing, Shane enjoys boating, garden rearrangement, fantasy novels and pop music (particularly Elvis, Burt Bacharach, the Beach Boys, the Pet Shop Boys, Kylie, Katy and Taylor) and is married with two children.

Speaker Placeholder image

Mary Delahunty

CEO, ASFA

Speaker Bio

Mary Delahunty is the Chief Executive Officer of the Association of Superannuation Funds of Australia Limited (ASFA).

ASFA is the peak policy, research and advocacy body for Australia’s superannuation industry. It is a not-for-profit, sector-neutral, and non-party political, national organisation. ASFA’s mission is to continuously improve the superannuation system, so all Australians can enjoy a dignified retirement.

Mary joined ASFA in 2024 after founding Seven Advisory, a specialist ESG and impact advisory service to institutional investors developing their social license to deliver long-term value. Prior to that Mary was Head of Impact at HESTA where she played a key role in shaping strategic policies and responsible investment practices to advance member outcomes in the superannuation system. She was also previously an executive with Link Market Services.

Mary is a member of the Pensions & Investment World Pension Summit International Advisory Board and holds several board positions including in the RegTech and education sectors and was a 2015 Churchill Fellow awarded for international research on gender equity in retirement outcomes.

Mary studied Arts at the University of Melbourne, and later completed a Graduate Diploma of Financial Planning and then a Masters of Applied Finance.

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Simon Welsh

Director of Research and Reputation, RedBridge Group

Speaker Bio

Simon Welsh is Director of Research and Reputation at RedBridge Group. He specialises in understanding public opinion on complex communication and policy issues, and has worked with a number of superannuation organisations. Simon and his team are continuously in the field monitoring voter behaviour and he will share insights on the trends affecting the upcoming federal election.

Derek Thompson

Via live link

Best Selling Author, Podcast Host of 'Plain English'

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Few speakers can match Derek Thompson‘s ability to synthesize mega-trends in society, labor, economics, technology, and politics. Put another way: Derek trawls the data sets and does the forecasting and deep reporting necessary to help us better understand how we live, how we vote, how we spend, and how we work.

In his paradigm-shifting #1 New York Times bestseller, Abundance (co-written with Ezra Klein), this award-winning journalist reveals how our policies and culture have pushed us into a world of scarcity (not enough housing, workers, or progress)—and offers a radical new path towards a world where housing is affordable, energy is plentiful, and innovation flourishes across industries.

He shares a compelling vision of a future where we have more than enough for everybody, and a practical, actionable roadmap for how to get there. It starts with taking more risks, building more expansively, and recognizing that we all have the power to create a world of abundance. “Everything’s utopian until it’s reality,” he says.

Carmen Beverley-Smith

Executive Director - Superannuation, Life & Private Health Insurance, APRA

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Carmen joined APRA in March 2023 and holds the role of Executive Director, Life and Private Health Insurance and Superannuation.  

She has had an esteemed career in financial services, spanning over 25 years. She has held diverse leadership roles at Westpac and Commonwealth Bank of Australia, including across risk, transformation and change, product and portfolio development, and sales and service. 

Prior to joining APRA, she held the role of General Manager, Risk Transformation Delivery Integration at Westpac. This involved leading the group-wide implementation of a suite of solutions to uplift risk management capability and develop data, analytics and reporting. 

Carmen leads with a values-driven approach and a particular interest in developing and mentoring talent. 

She holds a Bachelor of Commerce and Accounting, is a certified Chartered Accountant and a Graduate of the Australian Institute of Company Directors. 

Amy C. Edmondson

Novartis Professor of Leadership and Management, Harvard Business School

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Amy C. Edmondson is the Novartis Professor of Leadership and Management at the Harvard Business School, a chair established to support the study of human interactions that lead to the creation of successful enterprises that contribute to the betterment of society.

Edmondson has been recognized by the biannual Thinkers50 global ranking of management thinkers since 2011, and most recently was ranked #1 in 2021 and 2023; she also received that organization’s Breakthrough Idea Award in 2019, and Talent Award in 2017.  She studies teaming, psychological safety, and organisational learning, and her articles have been published in numerous academic and management outlets, including Administrative Science Quarterly, Academy of Management Journal, Harvard Business Review and California Management Review. Her 2019 book, The Fearless Organization: Creating Psychological Safety in the Workplace for Learning, Innovation and Growth (Wiley), has been translated into 15 languages. Her prior books – Teaming: How organizations learn, innovate and compete in the knowledge economy (Jossey-Bass, 2012), Teaming to Innovate (Jossey-Bass, 2013) and Extreme Teaming (Emerald, 2017) – explore teamwork in dynamic organisational environments. In Building the future: Big teaming for audacious innovation (Berrett-Koehler, 2016), she examines the challenges and opportunities of teaming across industries to build smart cities. 

Edmondson’s latest book, Right Kind of Wrong (Atria), builds on her prior work on psychological safety and teaming to provide a framework for thinking about, discussing, and practicing the science of failing well. First published in the US and the UK in September, 2023, the book is due to be translated into 24 additional languages, and was selected for the Financial Times and Schroders Best Business Book of the Year award.

Before her academic career, she was Director of Research at Pecos River Learning Centers, where she worked on transformational change in large companies. In the early 1980s, she worked as Chief Engineer for architect/inventor Buckminster Fuller, and her book A Fuller Explanation: The Synergetic Geometry of R. Buckminster Fuller (Birkauser Boston, 1987) clarifies Fuller’s mathematical contributions for a non-technical audience. Edmondson received her PhD in organisational behavior, AM in psychology, and AB in engineering and design from Harvard University.

 

Daniel Mulino MP

Assistant Treasurer and Minister for Financial Services

Sessions

Keynote 8 – Navigating the energy transition: opportunities, investor strategies and policy needs

Born in Brindisi, Italy, Daniel was a young child when he moved with his family to Australia. He grew up in Canberra and completed his first degrees – arts and law – at the ANU. He then completed a Master of Economics (University of Sydney) and a PhD in economics from Yale.

He lectured at Monash University, was an economic adviser in the Gillard government and was a Victorian MP from 2014 to 2018. As Parliamentary Secretary to the Treasurer of Victoria, Daniel helped deliver major infrastructure projects and developed innovative financing structures for community projects.

In 2018 he was preselected for the new federal seat of Fraser and became its first MP at the 2019 election, re-elected in 2022 and 2025. From 2022 to 2025, Daniel was chair of the House of Representatives’ Standing Economics Committee in which he chaired inquiries; economic dynamism, competition and business formation and insurers’ responses to 2022 major floods claims.

In 2025, he became the Assistant Treasurer and Minister for Financial Services.

In August 2022, Daniel published ‘Safety Net: The Future of Welfare in Australia’, which aims to explore the ways in which an insurance approach can improve the effectiveness of government service delivery.