Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement
News
12 September 2025 by Maja Garaca Djurdjevic

When perception holds the power

Money, markets, even central banks – what really gives them power isn’t substance, it’s belief. Op-Ed That lesson plays out vividly in the Spanish ...
icon

Royalties deliver on diversification but scalability remains uncertain

As royalties investing reaches record highs overseas, market experts in Australia are divided on its potential

icon

Brighter Super scales membership through mergers and successor fund transfers

Brighter Super has expanded its footprint in the superannuation sector through a combination of mergers and successor ...

icon

Rising costs and data centres cast doubt on AI returns

Artificial intelligence continues to reshape global markets, driving significant investment flows while leaving tangible ...

icon

ART, UniSuper and Aware Super secure gold amid sector challenges

A ratings firm has placed more prominence on governance in its fund ratings, highlighting that it’s not just about how ...

icon

APAC family offices lean defensively in portfolio construction with higher cash allocations

Family offices in the Asia-Pacific have maintained higher cash levels than regional contemporaries, while global ...

VIEW ALL

Prime Super expands board

  •  
By Alice Uribe
  •  
4 minute read

Prime Super has expanded its board to position itself for changes to the superannuation system.

Rural and regional industry fund Prime Super has expanded its board, adding two new directors.

The board will now have a total of eight members, up from six.

Former senior partner at law firm Freehills David Cooper has clinched one of the positions.

"Mr Cooper is a founding member of the Freehills funds management practice. He will add significant value to the board with his expertise and knowledge of superannuation and related matters," Prime Super chief executive Lachlan Baird said.

 
 

The second board place was taken by Australian Workers Union (AWU) economist Bradley Crofts.

Crofts is the AWU appointee and has held roles with the Australian Bureau of Agriculture and Resource Economics and the Department of Treasury and Finance.

He would broaden the strength of the board in economic and financial matters, Baird said.

The decision was made to expand the board due to expected changes in Australia's superannuation system.

"Given the significant changes that have occurred in superannuation and the expectation of continued changes in the coming years, the board of Prime Super has taken the opportunity to expand the board by the appointment of two new directors, each bringing skills that will help the fund grow and prosper in the coming years," Baird said.