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11 September 2025 by Adrian Suljanovic

No bear market in sight for Aussie shares but banks face rotation risk

Australian equities are defying expectations, with resilient earnings, policy support and a shift away from bank dominance fuelling confidence that ...
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US funds drive steep outflows at GQG Partners

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Super funds’ hedge moves point to early upside risk for AUD

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Australia’s super giant goes big on impact: $2bn and counting

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Over half of Australian funds have closed in 15 years, A-REITs hit hardest

Over half of Australian investment funds available 15 years ago have either merged or closed, with Australian equity ...

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Are big banks entering a new cost-control cycle?

Australia’s biggest banks have axed thousands of jobs despite reporting record profits over the year, fuelling concerns ...

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Unisuper appoints chief

  •  
By Christine St Anne
  •  
2 minute read

Telstra Super's former chief Terry McCredden will join Unisuper as the fund's chief executive.

Industry superannuation fund Unisuper has hired Terry McCredden as its chief executive.

The appointment ends a three month search by the fund, after its long-standing chief excutive Ann Byrne left the organisation in March.

Unisuper's chief investment officer David St John and executive manager of marketing Paul Murphy served as joint acting chief executives.

They will both continue in the role until McCredden joins the fund on July 21.

McCredden has worked as Telstra Super's chief executive since the fund began in 1990.  Since that time, the corporate fund has grown to manage $10.5 billion in funds under management with 60 per cent of the 93,000 members working outside Telstra.

 
 

He also established Telstra Super Financial Planning in 2002 and assisted the fund when it became a public offer.

"The board of Unisuper is very pleased to have secured the services of such a capable and proven superannuation professional," Unisuper chair Elizabeth Bryan said.

Telstra Super's chief financial officer Martin Crowe will act as the fund's chief executive.