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ARTICLE · 31 OCTOBER 2012

Managed Funds In The Asian Century - A Real Opportunity For Australia?

Corrs Chambers Westgarth
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The White Paper aims to identify steps needed to seize opportunities and meet challenges arising from the Asian Century.

AustraliaStrategy
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The White Paper on Australia in the Asian Century was released today and is designed to identify the steps we should be taking to seize the opportunities and meet the challenges arising from the Asian Century.

One important challenge which arises for the managed funds industry in Australia is the need to capitalise on the domestic success of the system, in particular the superannuation sector, and export that success to our neighbours in the Asia-Pacific region. Efficient regulatory reform, the pursuit of the Asia Region Funds Passport, tax reform, and the removal of regulatory barriers to investors such as superannuation funds participating in infrastructure financing are some of the many so-called "pathways" to guide Australia in the Asian Century to 2025.

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