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Mergers & Acquisitions
03 November 2025 by Georgie Preston

Cboe to exit Australia

Just weeks after receiving ASIC approval to operate as a listings market, the alternative exchange has announced its decision to sell the Australian ...
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Westpac NPAT declines to $6.9bn amid heated competition

The major bank has reported lower net profit after tax as competitive pressures and investment spending weigh on margins ...

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‘Yield is destiny’ as PGIM backs bond bull market

Bonds are in a rare, income-led bull market with Fed rate cuts likely to further extend the rally, according to the ...

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Chalmers pushes Australia as global capital magnet

Treasurer Jim Chalmers has pitched Australia as the world’s most compelling investment destination amid rising ...

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AustralianSuper shakes up executive team

Chief member officer, Rose Kerlin, has been promoted to deputy chief executive in an expanded capacity which will see ...

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Future Fund surpasses $200 billion milestone 

Investment returns for the Future Fund hit a milestone in September, adding $200 billion in value for the first time ...

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StatewideSuper extends Bravura contract

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StatewideSuper has signed off on two contracts after the fund completed its merger with Local Super earlier this month.

StatewideSuper has extended its contract with software provider Bravura Solutions for the use of its Talisman, SuperB and ePass systems, including the contribution clearing house system.
 
The $4-billion fund, which completed its merger with Local Super at the beginning of the month, extended the contract for a further three years.

"EPass provides the efficiency we need to effectively service our members and employers and deliver quality, low-cost super products that are easy to understand and offer a choice of investment options," StatewideSuper chief operating officer Nicolle Rantanen said.

The extension of the contract is the result of a 12-year relationship between the two organisations.

 
 

StatewideSuper has also negotiated a deal with Health Partners that allows the super fund to offer the private health fund's products at a discount to its members.

"Health Partners and StatewideSuper are both South Australia-based not-for-profit organisations, so it makes sense for us to work together," Health Partners chief executive Byron Gregory said.