At a time of bitter division over Australia's economic direction, when business is being assailed by deep-seated community anger about how it conducts itself, you'd think the government would be eager to showcase the capacity of the business sector and workers' representatives to work together very effectively for the good of both -- and the good of the country.

Employer groups run the industry superannuation sector, along with unions, and it's a hugely successful model that contributes more than a third of Australia's vast $2 trillion-plus savings pool and earns strong returns for low fees. It's a credit to both corporations and unions that they're able to oversee such a successful sector.