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Clause for Concern? Super Funds Write AI into Enterprise Bargaining Agreements

The Australian

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Two super funds managing more than $500bn in retirement savings have signed off on AI-specific clauses in enterprise bargaining agreements.

Summary

Major Australian superannuation funds, Aware Super and Australian Retirement Trust, have formalised AI-specific clauses within their enterprise bargaining agreements (EBAs). These developments highlight a growing trend in Australian industrial relations to regulate how frontier AI tools are integrated into the workplace, particularly regarding job security and oversight. While the primary focus is on labor protection, such frameworks represent early-stage institutional governance of AI transition and safety within the Australian financial sector. This movement signals an increasing awareness of the societal risks posed by rapid AI deployment and the necessity for structured human-in-the-loop safeguards.

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Clause for concern? Super funds write AI into EBAsTwo super funds managing more than $500bn in retirement savings have signed off on AI-specific clauses in enterprise bargaining agreements. All your news for a great price Unlock this story and more with your subscription Digital Access What’s included Unlimited access on app & web A digital version of Today’s Paper Daily puzzles & Mind Games Complimentary access to The Wall Street Journal Subscriber-exclusive newsletters & early access to tomorrow’s front pages Pay As You Go No lock-in contract $1 a week for 4 weeks($4 min. cost). Then $44 charged every 4 weeks.* *Read the fine print The Australian Digital subscription costs $4 charged for a duration of 4 weeks, after which it automatically renews to $44 charged every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. New customers only. Prices after any early discounted periods may be varied as per full Terms and Conditions. See www.theaustralian.com.au/subscriptionterms for full details. 12 Month Plan Lock in & save $8 a week for the first 12 months($416 min. cost) charged as $32 every 4 weeks. Then $32 charged every 4 weeks.* *Read the fine print The Australian Digital 12 Month Plan costs $416 (min. cost) for the first 12 months, charged as $32 every 4 weeks. This automatically renews after the first 12 months to be charged as $32 (min. cost) every 4 weeks. Renewals occur unless cancelled as per full Terms and Conditions. No cancellations during the first 12 months. Each payment, once made, is non-refundable, subject to law. Not in conjunction with any other offer. Prices after the first 12 months may be varied as per full Terms and Conditions. See www.theaustralian.com.au/subscriptionterms for full details. Subscribe Other subscription options Print + Digital Subscriptions Corporate Subscriptions Your Selection: $0 Your Selection – Change selection Today’s Total $0 Read the fine print Terms and Conditions Sorry, we are unable to process your request at this time. Please try again later.