Super bodies welcome passage of affordable housing bill

The establishment of a $10 billion housing fund is an important step towards increasing the supply of affordable housing in Australia while providing new investment avenues for institutions, according to leading super bodies.

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HESTA appoints portfolio design head

HESTA has appointed Dianne Sandoval as head of portfolio design, joining from a public pension fund in Saudi Arabia.

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Legalsuper CIO steps down

Legalsuper has lost a second C-suite executive as its chief investment officer, Norman Zhang, will be leaving in December, just weeks after it announced the exit of chief operating officer Trevin Erichsen.

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Aware Super launches adviser portal

In line with the fund’s digital transformation project, Aware Super’s new portal enables independent financial advisers to more efficiently manage clients’ investment options and be less reliant on call centres.

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The value of airport investment: TelstraSuper

The super fund expects its partly owned airports’ revenue to exceed pre-pandemic levels over the next few years, acting as a valuable sector in its infrastructure asset class.

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AustralianSuper invests $2.5bn in digital infrastructure deal

AustralianSuper has made its first significant venture into data centres with a $2.5 billion deal with global alternatives investment manager DigitalBridge Group.

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Early super access desirable for over half of Australians

Over half of Australians would access their super early if they could in the current cost-of-living crisis, much like the early access observed during the pandemic, according to research.

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FHSS legislation passes to address scheme’s pain points

The government has passed legislation improving the efficiency of the First Home Super Saver Scheme.

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ART expands sustainable investment team with WTW hire

Australian Retirement Trust has appointed a sustainable investment portfolio manager, who joins after more than 20 years at consultancy WTW.

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Two major super funds urged to reconsider Woodside investments

Two funds are being called out for failing to divest from Australia’s largest oil and gas company, resulting in undermining their own climate commitments and potentially toeing the line of greenwashing.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 10 months ago

Australia’s superannuation funds are becoming a defining force in shaping the nation’s capital markets, with the corporate watchdog warning that trustees now hold systemi...

9 hours 33 minutes ago

Payday super has passed Parliament, marking a major shift to combat unpaid entitlements and strengthen retirement outcomes for millions of workers....

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The central bank has announced the official cash rate decision for its November monetary policy meeting. ...

1 day 5 hours ago