‘Arrogant’ CBUS spends extravagant amount of members money on birthday party

It has been revealed that industry super fund CBUS spent $387,000 of its own members money to throw a birthday party for itself.

NSW Liberal Senator Andrew Bragg joined 3AW Mornings and thinks the actions of CBUS is “against the law”.

“There hasn’t been enough scrutiny with what the super funds are actually doing with our money,” Bragg said.

Click PLAY to listen to the full conversation with Andrew Bragg on 3AW 

“Super funds are not supposed to do that.”

Image: Getty