Local Government Super (LGS) has again been rewarded for its work into sustainable development after Carnegie Morgan House won the Australian Property Council Award for the best sustainable development of an existing building.
LGS expects the $160 per square metre project to deliver lower running costs and more satisfied tenants, leading to greater returns for fund members.
LGS Super's upgrade reduced the building's total energy consumption by 54 per cent, making it the lowest energy-intensive CBD building in Australia, LGS said.
The property in Sussex Street Sydney was the first building in Sydney's CBD to receive a five-and-a-half star NABERS energy rating.
A “concerning” number of Aussies don’t know what they pay in super fees, a young super fund has said.
The corporate regulator has shared some ‘disappointing’ findings upon reviewing the public communications of more than 20 trustees with regards to death benefits.
According to the industry body, funds should have an obligation to transfer members in failing products to better-performing products in a timely way.
The $9 billion fund is backing agriculture investor GO.FARM, with its capital already directed towards enhancing two key assets.
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