The new normal? COVID-19 + resuming the broader regulatory agenda

11 min read
11 min read

While still dealing with the immediate impacts of COVID-19 continues to be a major focus for the industry, attention is now also being drawn back to the pre-pandemic regulatory agenda. In the last month, ASIC has made major announcements about its deferred work program –including Royal Commission implementation and its new internal dispute resolution standards. The Government has moved to implement measures from last year’s Budget, and progress has been made on some of the superannuation-related bills before Parliament.

The COVID-19 response

Coronavirus early release of super

APRA has continued to publish weekly statistics from its early release initiative data collection, at both an industry-wide and fund level. The latest data—published on 29 June and covering applications up to 21 June—showed that:

  • 2.3 million applications had been paid, for a total of $17.1 billion in payments
  • the average payment has been $7,492
  • a total of 2.4 million applications had been received
  • payments to eligible members have taken an average of 3.3 business days after receipt of the application from the ATO, with 95 per cent made within five business days.

Superannuation fund members will be able to lodge applications to release up to a further $10,000 between 1 July and 24 September. This will not apply to temporary residents, who were only permitted to make a single application, during the 2019-20 financial year.

APRA has written to registrable superannuation entity (RSE) licensees about a new COVID-19 Pandemic Data Collection (PDC), comprising monthly and quarterly reporting components. Lodgments will be due on 31 July, then 15 business days following the end of each month/quarter “until issues that are being faced by RSE licensees relating to the COVID-19 pandemic have abated”. The PDC is designed to:

  • provide APRA with enhanced data surrounding the early release of superannuation, enabling analysis of impacted demographics
  • provide APRA and ASIC with monthly data on complaints, member accounts with insurance that have been cancelled, insurance claim activity and intra-fund advice provided
  • provide APRA with quarterly data on investment options, foreign currency exposure and hedging, and member switching
  • allow APRA to understand the impact of the COVID-19 pandemic on the superannuation industry and provide reporting to the Government and other agencies.

The ATO has outlined its approach to ensuring the integrity of the Coronavirus early release of super program. In particular, the ATO has noted that it has a variety of data sources allowing it to check for claims that were made incorrectly, and its compliance approach is based on ensuring that people have not exploited the measure. Behaviours that will attract ATO attention include where individuals have had no change to their regular salary and wage, or employment information, made false statements or fraudulent attempts to meet the eligibility criteria, or withdrew and recontributed superannuation for a tax advantage.

JobKeeper

The Government has made the Superannuation Guarantee (Administration) Amendment (Jobkeeper Payment) Regulations 2020 to ensure that employers are not subject to additional Superannuation Guarantee (SG) obligations as a result of their participation or anticipated participation in the JobKeeper wage subsidy scheme.

The regulations provide that amounts of salary or wages that do not relate to the performance of work, and are only paid to an employee to satisfy the wage condition for receiving JobKeeper payment, are excluded salary or wages for SG purposes. The effect is that these amounts are excluded from the calculations of an employer’s SG shortfall and the minimum superannuation contribution an employer is required to make in respect of an employee to avoid a SG charge liability.

ASIC updates

ASIC has published a number of materials in relation to activities that have been impacted by the COVID-19 pandemic, including an important update in relation to the recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry and ASIC’s new internal dispute resolution (IDR) standards. Some key points to note include:

  • Royal Commission implementation:
    • Hawking recommendations 3.4 and 4.1—no hawking in superannuation/insurance—ASIC will consult in late 2020 on changes to Regulatory Guide 38 The hawking prohibitions, to expand the hawking prohibition to superannuation and insurance products.
    • Advice recommendations 2.1, 2.2, 3.2 and 3.3—annual renewal and payment, disclosure of lack of independence, no deducting of advice fees from MySuper accounts and limitations on deducting advice fees from choice accounts—ASIC will release an update to Regulatory Guide 245 Fee disclosure statementsand make the relevant legislative instruments in December 2020, subject to passage of legislation.
    • Enforceable code provisions—recommendation 1.15—ASIC will consult publicly on a draft update to Regulatory Guide 183 ;Approval of financial services sector codes of conduct in Q2 2021, with earlier targeted consultation.
  • IDR standards: ASIC will publish a new regulatory guide, RG 271 Internal dispute resolution, outlining updated IDR standards and requirements. The guide will be published in July 2020 to allow industry to make the necessary changes ahead of commencement on 5 October 2021. Given the new commencement date for the standards, ASIC has also registered the ASIC Corporations, Superannuation and Credit (Amendment) Instrument 2020/99 to extend the transitional application of the current IDR standards until 5 October 2021. ASIC will undertake targeted consultation on IDR data collection and reporting in Q3 2020.
  • Insurance in super:ASIC has continued with its review of industry’s progress on improving insurance outcomes for consumers and anticipates it will be in a position to publish a report by December 2020.
  • Product design and distribution obligations (DDO) regime: ASIC has registered the ASIC Corporations (Deferral of Design and Distribution Obligations) Instrument 2020/486 to give effect to its announcement deferring the commencement date of the DDO regime for six months, to allow industry participants to focus on immediate priorities and the needs of their customers during the COVID-19 pandemic (see rules and regs June 2020). As a result of the Instrument, industry participants will now only be required to comply with the DDO regime from 5 October 2021. ASIC intends to publish regulatory guidance on DDO in Q3 2020
  • Financial advice: ASIC has registered ASIC Corporations (Amendment) Instrument 2020/565, which specifies that the relief given by ASIC Corporations (COVID-19—Advice-related Relief) Instrument 2020/355 will cease to have effect on 15 October 2020. That relief related to extending the timeframe for providing time-critical statements of advice and enabling a record of advice to be given in certain circumstances, to help the industry provide consumers with affordable and timely advice during the COVID-19 pandemic.
  • Frequently Asked Questions (FAQs): ASIC has updated its FAQs addressing current superannuation regulatory issues that have arisen from the COVID-19 pandemic. The new and updated FAQs:
    • reflect ASIC’s revised timetable of ongoing work released on 11 June (updated FAQ 2D)
    • outline ASIC’s expectations of how trustees should communicate with their members about the Government’s temporary reduction to the minimum drawdown rates for superannuation pensions for the 2020-21 financial year (new FAQ 1F)
    • confirm that ASIC will be amending the transitional arrangements for the fee and disclosure cost rules for Product Disclosure Statements (PDSs) in Regulatory Guide RG 97, to allow entities to come into the new disclosure regime from 30 September 2020 and require any PDS given on or after 30 September 2022 to comply with the new disclosure regime (new FAQ 2E).
  • Board oversight of executive variable pay: ASIC has released information sheet 245 Board oversight of executive variable pay decisions during the COVID-19 pandemic that draws on the factual findings from ASIC’s review of board oversight of variable remuneration schemes. The final report on ASIC’s findings is intended to be released later this year.
  • Interim corporate plan: ASIC has published an Interim Corporate Plan for 2020-21, outlining the strategic priorities that will guide ASIC’s work in responding to the impact of the COVID-19 pandemic.

Other developments

There are now clear signs that the Government and the regulators are resuming something close to normal business—or, at least, business in the ‘new normal’ environment, with a resumption of the Government’s legislative program and some non-COVID-19 related releases from the regulators.

Superannuation bills update

Parliament has risen for its Winter break and will not sit again until 4 August. A number of superannuation-related bills progressed, while others—including some that include amendments intended to have effect from 1 July 2020—are yet to be finalised. A snapshot of the status of key super-related bills is as follows:

The Treasury Laws Amendment (2019 Measures No.3) Act 2020 has now become law. This omnibus Act amends several aspects of the superannuation and related tax legislation, including in relation to:

  • protecting your superannuation, unclaimed superannuation and lost members
  • superannuation pensions and rollover of death benefits
  • employer reporting of salary sacrificed contributions
  • downsizer contributions
  • extending the timeframe within which existing financial advisers must meet certain new educational and training standards.

A package of amendments to the framework for the financial institutions supervisory levy (the APRA levy) has also become law. The package includes the Australian Prudential Regulation Authority Amendment (APRA Industry Funding) Act 2020, the Superannuation Supervisory Levy Imposition Amendment Act 2020 and the Retirement Savings Account Providers Supervisory Levy Imposition Amendment Act 2020.

The Treasury Laws Amendment (More Flexible Superannuation) Bill 2020 remains before the House of Representatives. This Bill contains an amendment extending the bring forward arrangements for non-concessional contributions to individuals under age 67, as announced in the April 2019 Budget. The amendment is intended to commence on the first 1 January, 1 April, 1 July or 1 October after Royal Assent and (once law) will apply to non-concessional contributions made on or after 1 July 2020. Related amendments to increase the age at which the work test starts to apply to voluntary contributions and increase the cut-off age for spouse contributions were implemented during June by regulation (see Regulations and legislative instruments, below).

The Treasury Laws Amendment (Your Superannuation, Your Choice) Bill 2019 remains before the Senate. This Bill extends the ‘choice of fund’ rules to new workplace determinations and enterprise agreements made on or after 1 July 2020. A number of amendments have been proposed to the Bill by the Opposition, the Australian Greens and the Centre Alliance. These include amendments in relation to how the measure would apply to defined benefit funds, as well as an amendment proposing removal of the $450 per month income threshold for SG contributions.

The Treasury Laws Amendment (Reuniting More Superannuation) Bill 2020 has been passed by the House of Representatives and awaits consideration by the Senate. This Bill will facilitate the exit of eligible rollover funds (ERFs) from the superannuation industry by 30 June 2021.

The Family Law Amendment (W
estern Australia De Facto Superannuation Splitting and Bankruptcy) Bill 2019
has not progressed since its introduction in November. This Bill allows separating de facto couples in Western Australia to access the Commonwealth family law superannuation splitting regime.

The Treasury Laws Amendment (2020 Measures No.2) Bill 2020 has been passed by the Senate with amendments that were not accepted by the House of Representatives. The Senate has insisted on its amendments and the Bill awaits reconsideration by the House. Of relevance to superannuation, this Bill includes a provision making Superannuation Consumers’ Centre Ltd a deductible gift recipient.

Regulations and legislative instruments

The Government has registered the Superannuation Legislation Amendment (2020 Measures No. 1) Regulations 2020, giving effect to part of its April 2019 Budget announcement that it would make superannuation more flexible for older Australians.

The Regulations amend the Superannuation Industry (Supervision) Regulations 1994 and the Retirement Savings Account Regulations 1997, to increase the:

  • age at which the work test starts to apply for voluntary concessional and non-concessional contributions from age 65 to age 67
  • cut-off age at which individuals can receive voluntary superannuation contributions from their spouse, from age 70 to age 75.

The amendments apply for the 2020-21 and later financial years. Related changes to the ‘bring forward’ rules for non-concessional contributions were enacted during June – see the superannuation bills update above.

AUSTRAC has registered the Anti-Money Laundering and Counter-Terrorism Financing Rules Amendment Instrument 2020 (No. 3). This amends the anti-money laundering and counter-terrorism financing (AML/CTF) rules, providing clarity around how reporting entities can complete identity verification processes where a customer is experiencing family and domestic violence.

The Australian Government Actuary has made the Family Law (Superannuation) (Interest Rate for Adjustment Period) Determination 2020. This sets the interest rate for adjusting the superannuation entitlements of separated and divorced spouses under splitting orders and agreements made under the family law superannuation splitting regime.

The Government has made the Corporations (FinTech Sandbox Australian Financial Services Licence Exemption) Regulations 2020. These approve conditional exemptions from the Australian financial services licence regime to make it easier for fintech businesses to trial new products and services—including in relation to superannuation products—under the enhanced regulatory sandbox.

The Regulators

ASIC has released new Regulatory Guide 272 Product intervention power (RG 272). The product intervention power allows ASIC to intervene and take temporary action where financial and credit products have resulted in or are likely to result in, significant consumer detriment. RG 272 outlines matters including the scope of the power, when and how ASIC may exercise the power, and the process for making an intervention order.

APRA’s latest Insight publication contains a feature article on the ‘myths and misconceptions’ about superannuation fund mergers. The article addresses topics including the ‘equivalent rights’ test, weighing up the costs and benefits of a merger and selection of a merger partner. The article notes that: “APRA takes a facilitative approach to mergers and urges trustees to approach APRA early to discuss their merger plans – to work together to address any perceived barriers. Given the diversity of fund structures and product offerings across the APRA regulated population of funds, APRA’s view is that there is a merger partner for all funds – it’s just a matter of finding the right one.”

Picture of By Julia Stannard

By Julia Stannard

senior policy advisor

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Sinem Kalenderoglu

Marketing Manager - Brand & Content, Rest

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

As a Brand and Content Manager, Sinem has built her career working across brand campaigns, social media strategy and cross-channel storytelling.

Working at the intersection of technology and creative innovation, she’s crafted her skill of turning complex brand concepts into engaging social narratives that connect and resonate with member experiences.

Specialising in superannuation, she’s passionate about exploring how brand storytelling through social media can converge to drive meaningful audience connection.

Gemma Kyle

Chief Risk Officer, Rest

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

Gemma was appointed as Chief Risk Officer in November 2018 and leads the Enterprise Risk function which includes investment risk, operational risk, business resilience, financial crime, compliance and regulatory engagement.

Gemma has over 25 years’ experience in risk management and governance across multiple industries including government, engineering and financial services. She is known for her ability to drive organisational change and achieve business objectives in complex and dynamic environments. Prior to joining Rest, Gemma held senior positions at MLC Life Insurance, MLC Wealth, Parsons Brinkerhoff and Federal Treasury. She is a Director on the Board of the Fund Executives Association Limited. Gemma holds a Master of Arts from the Australian National University, a Bachelor of Economics, Social Science (First Class Honours) from the University of Sydney and is a graduate of the Australian Institute of Company Directors.

Adrian C

Director, Partnership Program, QLD and NT, Australian Signals Directorate (ASD)

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

Adrian C works in the Australian Signals Directorate and is the Director of ASD’s Cyber Security Partnership Program.

He has worked in various roles in the National Intelligence Community for the last 16 years including geospatial intelligence, intelligence support to Australian Defence Force Military Operations and writing core components of the Comprehensive Review – legal framework of the National Intelligence Community. 

Adrian transferred to Australian Signals Directorate in 2021 and was responsible for the section that develops and publishes ASD’s technical publications and guidelines.

He moved from Canberra to Brisbane in January 2023 to commence his current role within Australian Signals Directorate.

Kate Farrar

Chief Executive Officer, Brighter Super

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

Kate Farrar is the Chief Executive Officer of Brighter Super, where she has led the fund’s transformation from a $10 billion Queensland public-sector fund into a $35 billion success story with more than 280,000 members.

Since her appointment as CEO in April 2018, Kate has overseen the merger of LGIAsuper and Energy Super and the acquisition of Suncorp Super—the first industry fund acquisition of a retail fund. This integration, completed 18 months ahead of schedule, delivered a 40% reduction in administration fees for members while expanding services across Queensland.

Under Kate’s leadership, Brighter Super has become one of the fastest-growing industry funds in Australia, recognised for both its operational sustainability and member-first approach. In acknowledgment of these achievements, she was awarded the Fund Executive of the Year Award by the Fund Executives Association Ltd (FEAL) in 2024.

Kate brings 35 years of leadership experience across finance and energy, including senior roles at Barclays de Zoete Wedd, Suncorp Investment Management, NSW Treasury Corporation, McKinsey & Company, and Ergon Energy.

Beyond her role at Brighter Super, Kate serves as a Non-Executive Director of ASX100-listed Seven Group Holdings and is the President of the Queensland Futures Institute.

She holds a Bachelor of Music (Honours) and a Master’s Degree in Econometrics and Finance. Through a scholarship from Chief Executive Women, she is also a graduate of INSEAD’s Advanced Management Programme. In 2025, following her FEAL award education grant, Kate completed the Stanford Graduate School of Business program, People, Culture, and Performance: Strategies from Silicon Valley.

Joseph Mitchell

Assistant Secretary, ACTU

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

As ACTU Assistant Secretary, Joseph is passionate about winning a better future for working people and growing the union movement.  

Joseph has a Bachelor of Economics and Bachelor of Arts from Australian National University and a Graduate Certificate in Applied Finance from the University of NSW.  

Joseph Mitchell is a trustee director of TelstraSuper.

Vasyl Nair

Group Chief Executive Officer, Team Super

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

The Team Superannuation Fund (Team Super) is a profit-to-members, public offer pension fund dedicated to serving the retirement needs of all Australians. Team Super manages over $22 billion in funds for approximately 150,000 members.

Vasyl Nair is the Chief Executive Officer of Team Super (prior to this, Vasyl held the roles of Deputy Chief Executive Officer, Chief Risk Officer and Chief Strategy Officer).

Vasyl is a keen advocate for the ongoing development of the superannuation sector, with active participation in a number of different parts of the industry. He has served as a director of an Australian fintech organisation, specialising in superannuation and investment administration.

Vasyl was appointed to the Board of the Association of Superannuation Funds of Australia (ASFA) as Director in January 2025, the peak pension fund association in Australia.

Vasyl has a strong background in law, corporate finance and strategy, having held senior roles across at some of Australia’s largest financial services institutions. Vasyl holds a Bachelor of Laws (Hon), Bachelor of Commerce, Graduate Diploma of Legal Practice and an Executive Master of Business Administration. He is admitted to the Supreme Court of NSW as a solicitor, is a Graduate of the Australian Institute of Company Directors and has achieved a Certificate of Business Excellence from the Haas School of Business, U.C.
Berkeley.

Kristian Fok

Chief Executive Officer, Cbus Super

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

Kristian Fok is the CEO of Cbus Super, Australia’s leading specialist superannuation fund for the building and construction sector. Cbus was founded 40 years ago and provides superannuation and income streams to more than 925,000 members and manages over $105 billion of members’ money (as of 30 June 2025). He is responsible for all aspects of Cbus and reports directly to the Board.

Prior to his appointment in June 2023, Kristian Fok served as the Fund’s Chief Investment Officer (CIO) for 10 years. Cbus is a significant, long-term investor in the Australian economy and the Fund invests back into our members’ industries both directly and indirectly and via unique vehicles such as our wholly owned entity, Cbus Property.  

As CIO, Kristian was responsible for leading the Cbus investment strategy, this included evaluating opportunities that provide returns to members over the long term, managing investment governance and risk and monitoring the portfolio. Kristian led the development and implementation of Cbus’ hybrid internalisation strategy, which has proven successful in driving strong returns and delivering total cumulative fee and costs savings for members of over $730 million. 

Kristian is Chair of the Australian Sustainable Finance Institute (ASFI) and serves on the Board of the Australian Council of Superannuation Investors (ACSI). Kristian’s qualifications include Bachelor of Commerce, Fellow of the Institute of Actuaries Australia and Fellow of FINSIA.  

Kevin Fernandez

General Manager, Market Strategy & Propositions, Novigi

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

Kevin has long played a central role in shaping and driving strategic initiatives across the superannuation and wealth management sectors. With deep expertise in data strategy and a passion for AI, Kevin leads the development of forward-thinking solutions – ranging from strategic partnerships to managed services – that address evolving client needs.  

A recognised thought leader, Kevin is known for leveraging data-driven insights to deliver sustainable value. His leadership is central to Novigi’s market positioning, helping to define the company’s growth strategy in an increasingly complex and dynamic financial landscape.  

Vicki Doyle

Chief Executive Officer, Rest

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Vicki joined Rest as Chief Executive Officer in May 2018, bringing more than 20 years of
senior executive leadership experience in superannuation, life insurance, wealth management and banking.

Vicki’s experience includes executive leadership roles at some of Australia’s largest financial services organisations. She has an extensive background in distribution, strategic marketing, digital, fund operations and contact centres, customer strategy and design and product management.

Vicki is passionate about simplifying and demystifying superannuation to help all Australians achieve their best retirement outcomes.

Vicki holds an Executive MBA from the Australian Graduate School of Management and a diploma from the Australian Institute of Company Directors. Vicki has been a Non-executive Director of the Australian Council of Superannuation Investors since 2018 and a Director of The Association of Superannuation Funds of Australia since 2022.

Louise Davidson, AM

Chief Executive Officer, Australian Council of Superannuation Investors (ACSI)

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

Louise Davidson has spent her career with a focus on building long-term value for the millions of beneficiaries of Australian superannuation funds. Most recently this has included elevating the importance of environmental, social and governance factors in managing material financial risk in super fund investment portfolios. 

As CEO of the Australian Council of Superannuation Investors (ACSI) since 2015, Louise oversees ACSI’s program of company engagement, research and policy advocacy, backed by 30 years of senior experience in the financial services and ESG sectors. Her tenure as ACSI CEO has seen significant improvements in the way listed companies manage important issues including boardroom diversity, climate risk and human rights.  

Prior to being appointed ACSI CEO, she was Investment Manager, ESG at Cbus superannuation fund 

Louise is the co-founder of the Mother’s Day Classic, which has raised over $50 million for breast and ovarian cancer research since 1998. She was appointed a Member of the Order of Australia in 2019 for her significant service to the superannuation sector and to breast cancer research.  

She is a director of Chief Executive Women, deputy chair of the Federated Hermes Client Advisory Board, and a former director of the Peter MacCallum Cancer Centre and the International Integrated Reporting Initiative and former chair and director of the Mother’s Day Classic Foundation. 

Peter Chun

Chief Executive Officer, UniSuper

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

Peter Chun joined UniSuper as the Chief Executive Officer in September 2021, bringing more than 30 years’ experience in financial services.

UniSuper is one of Australia’s largest super funds with more than 700,000 members and over $155 billion in funds under management (as at 30 June 2025).

As CEO, Peter is responsible for developing, leading, and implementing corporate strategy and culture. He is also accountable for the overall services and operational management of UniSuper Management nationally.

Prior to joining UniSuper, Peter held senior executive roles at Aware Super, Colonial First State and Credit Suisse.

Peter is a qualified Actuary with a Bachelor of Economics from Macquarie University. He holds Graduate Diplomas in Applied Finance and Investments and Financial Planning from the Securities Institute of Australia; and has undertaken the Advanced Management Program at Harvard Business School (Boston, USA).

Peter is a Director of Diversity Council Australia, a Member of the ASFA CEO Advisory Committee and the Australian Chamber Orchestra Finance Audit & Risk Committee.

Eoin Burke

Head of Financial Crimes, MUFG Retirement Solutions

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Eoin Burke is the Head of Financial Crimes, MUFG Retirement Solutions, a division of MUFG Pension & Market Services (MPMS), with over 20 years of experience in financial crime prevention, compliance, and data analytics. 

He has held senior leadership roles across APAC and EMEA, and plays a critical role in protecting the organisation from financial threats, responsible for safeguarding the data and monetary assets of over 20 million accounts. His remit includes fraud and scam prevention, AML/CTF compliance and reporting, regulator and law enforcement engagement, training and awareness, and driving innovation in protective technologies. He also developed ‘ALERT’, MPMS’s internal fraud analytics capability, which now protects over 10.5 million member accounts daily and has prevented more than $150 million in financial crime. 

A recognised industry leader, Eoin regularly speaks at major forums including the Financial Crimes and Cyber Security Forum and the AUSTRAC Symposium, sharing insights on emerging risks and best practices in financial crime prevention. His strategic direction continues to strengthen MPMS’s defences and reinforce its commitment to integrity and security. 

John Livanas

Chief Executive Officer, State Super

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

Mr Livanas leads a team of experienced senior executives in managing the provision of member services and the investment of approximately $38 billion of assets (as at 30 June 2025).

Mr Livanas has over 30 years’ industry experience, having worked in organisations including Deloitte South Africa, the South African Government Employees Pension Fund – the precursor to the country’s sovereign fund – and several Australian superannuation funds.

Prior to his appointment in October 2011, Mr Livanas was the Chief Executive Officer of AMIST Super (2008–11) and the General Manager of FuturePlus Financial Services (2002–08). He was a Director of ISPT and ISPT Grosvenor International Property Trust from 2010–12 and in August 2013 was appointed to the Board of the Australian Council of Superannuation Investors.

Mr Livanas holds a Bachelor of Science in Engineering and an MBA from the University of Witwatersrand and a Graduate Diploma of Finance and Investments from the Financial Services Institute of Australia. He is an ASFA-accredited Investment Fiduciary and a Graduate of the Australian Institute of Company Directors.

Debby Blakey

Chief Executive Officer, HESTA

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

Debby Blakey, GAICD, is the CEO of HESTA, Australia’s $96 billion superannuation fund for health and community services workers. With over 30 years’ experience in the superannuation and financial services sectors, she holds qualifications in Mathematics, Computer Science, Financial Advice, Governance, Pension Fund Design and Sustainability.

Debby’s leadership is characterised by a ‘people-first’ approach, focusing on enhancing member experiences and financial outcomes while also ensuring operational rigour and excellence. She is a strong advocate for innovation and transformation within the superannuation industry.

Debby is the President of the Australian Council of Superannuation Investors (ACSI), a Director of the International Corporate Governance Network (ICGN) and is the founding Chair of the 40:40 Vision initiative – promoting gender equality at executive and Board level in ASX300 companies.

Under Debby’s leadership, HESTA has been called the ‘corporate conscience of Australia’ for its commitment to strong governance, environmental management and gender equality.

Cath Bowtell

Chair, IFM Investors

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

Cath is the Chair of IFM Investors; Industry Super Holdings (ISH); and the Federal Government’s Jobs & Skills Ministerial Advisory Board.   

She is a Director of Industry Fund Services (IFS) and of the Melbourne Arts Precinct Corporation. 

Cath has worked for many years in senior roles in both the superannuation industry and union movement. She was the Chief Executive of IFS and Chief Executive of the Australian Government Employees Superannuation Trust (AGEST) from 2010 until its merger with AustralianSuper in 2013.

Prior to this, Cath was a Senior Industrial Officer at the Australian Council of Trade Unions (ACTU). She has held a number of directorships and committee positions throughout her career, including Director of AustralianSuper, Director of AGEST Super and Director of Ausgrid.

Natalie Previtera

Chief Executive Officer, NGS Super

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

Natalie is the Chief Executive Officer of NGS Super.  

With a career grounded in governance, legal, and strategic leadership, Natalie brings a forward-thinking and purpose driven approach to superannuation. She is responsible for steering the fund through a dynamic regulatory landscape, ensuring operational excellence, and delivering long-term value to members.

Natalie also served as Chief Risk and Governance officer having deep institutional knowledge and a strong track record in executive oversight and regulatory engagement.

She is known for her collaborative leadership style and her ability to drive transformation while maintaining a strong member-first ethos.

Prior to joining NGS in 2019 Natalie held senior governance roles at AMP, Suncorp and Perpetual.  

Laura Catterick

Director, Resilience & Cyber, UK Finance

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

Laura Catterick is the Director of Resilience & Cyber at UK Finance, which is the collective voice for the UK banking and finance industry, representing over 300 firms and supporting members in their efforts to build more resilient firms and a more resilient financial sector.

Within UK Finance, Laura works closely with industry leaders, government, and regulators, influencing policy on operational resilience and cybersecurity at a national level. UK Finance also co-chairs CMORG (Cross Market Operational Resilience Group) to deliver collaborative resilience initiatives that address systemic risks.

Laura is a Chartered Professional Accountant from Canada with extensive experience in risk, regulatory compliance, cyber security, operational resilience, and large-scale transformation. She has held senior executive roles within highly regulated sectors, including roles across all three lines of defence within Deloitte, PricewaterhouseCoopers, Lloyds Banking Group, and Mastercard.

Josh Cross

Chief Operating Officer, SS&C Technologies

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

Josh Cross brings over 30 years of experience in Technology, Operations, Delivery and Transformation within the Australian Financial Services industry. His expertise spans Trade Finance, Institutional and Corporate Lending, Consumer Lending, Share Trading, Insurance and Superannuation.

Josh joined SS&C in July 2025 through a lift-out from Insignia Financial – one of Australia’s largest Superannuation and Investment providers, known for its growth through large-scale acquisitions and technology separations from major Australian banks.

In his current role, Josh leads the SS&C  Business Process Outsourcing (BPO) function, which delivers technology, operations, and service delivery for more than one million Australian across multiple technology eco-systems, supported by a team of approximately 1300 staff. Over the next three years, Josh will also lead the major transformation of the underlying superannuation platforms and processes, migrating to SS&C’s Bluedoor ecosystem.

Lt Gen Michelle McGuinness, CSC

National Cyber Security Coordinator, National Office of Cyber Security

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

Lieutenant General Michelle McGuinness, CSC was appointed as Australia’s National Cyber Security Coordinator (the Coordinator) on 26 February 2024.

As the Coordinator, LTGEN McGuinness leads national cyber security policy, the coordination of responses to major cyber incidents, whole of government cyber incident preparedness efforts, and the strengthening of Commonwealth cyber security capability. 

LTGEN McGuinness has served in the Australian Defence Force for 30 years in a range of tactical, operational, and strategic roles in Australia and internationally.

Prior to this appointment, LTGEN McGuinness most recently served as Deputy Director Commonwealth Integration in the United States Defense Intelligence Agency. In this role, she led policy and cultural reform, and technological integration, including interoperability across information technology, systems and data.

Jamie Bonic

Global Head of FX and Commodity Sales, NAB

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

Jamie Bonic is NAB’s Global Head of FX and Commodity Sales, responsible for several FX-related sales businesses including NAB’s Institutional, Corporate, and Government teams.  Prior to joining NAB, Jamie spent 17 years in London working for JPMorgan as a Managing Director in their Global Markets division, leading sales and trading across Interest Rate and FX products. Jamie holds a Bachelor of Economics from The University of Sydney and is currently based in Sydney.

Katie Miller

Deputy CEO, Regulation, AUSTRAC

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

Katie Miller is the Deputy CEO, Regulation, AUSTRAC and has strategic responsibility for AUSTRAC’s regulatory, policy and legal functions. 
Katie has extensive experience exercising regulatory functions and advising regulators at state and federal levels. Katie is a published author on issues involving regulation, law and technology and supports connections between government, practitioners, communities of practice and academia. 

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.