Hotel Property Investments Limited (HPI) has decisively turned down the revised cash offer of $3.85 per security from Charter Hall and Hostplus, labelling it insufficient to reflect the true value of its assets.
Despite last week’s media frenzy suggesting the Coalition might be eyeing a voluntary superannuation system for Australia, funds are unfazed by any perceived hidden agendas from the opposition.
Economists have varied interpretations of what the latest unemployment data means for the RBA’s monetary policy easing cycle.
The appetite for digital infrastructure has grown significantly among Australia’s superannuation funds, with assets like data centres, fibre optic networks, and telecommunications now viewed as strategic investments in their portfolios.
The $89 billion fund has named co-chief investment officers following the resignation of Andrew Lill earlier this month.
First Super delivers great personal service and solid investment returns to its 70,000+ members. The metrics agree with us.
A resilient September supported by a US Fed cut has buoyed super returns to high single digits, setting the stage for a strong calendar year finish.
The industry body has welcomed a new deputy CEO and a new executive general manager for policy.
With recent findings pointing to a slip in Australia’s global retirement ranking, ASFA has affirmed the need to address continued gaps in local retirement income adequacy.
The average remuneration for a superannuation fund CEO stood at some $890,000 in the year ending 30 June 2024, according to new analysis by advisory firm BDO.