Energy Super has announced its commitment to the International Electrical Apprenticeship Exchange Program (IEAEP), a program that provides a fourth year apprentice the opportunity to travel to and work in London for up to six weeks each alternate year.
The program is a joint venture between Electro Group Queensland and the Joint Industry Board (JIB) in London.
The sponsorship is part of an enhanced annual Energy Super sponsorship program to foster the next generation of the energy industry through various leadership, mentoring, career development, training and awards programs and events.
Energy Super CEO, Robyn Petrou, said the fund’s industry sponsorship program focused on fostering the next generation of electrical and energy contractors and an extension of the superannuation fund’s commitment to members and the industry.
Fourth year electrical apprentice Mitchell Murray was chosen to represent Electro Group in the UK later this month. He was chosen for his excellent college results, outstanding host reports, commitment to community work and overall character.
A member body representing some prominent wealth managers is concerned super funds’ dominance is sidelining small companies in capital markets.
Earlier this month, several Australian superannuation funds fell victim to credential stuffing attacks, which saw a small number of members lose more than $500,000.
Small- to medium-sized funds have become collateral damage in an "imperfect" model for super industry levies, a financial institution has said.
Big business has joined the chorus of opposition against the proposed Division 296 tax.