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Super

29 November 2024 • By Rhea Nath • 1 min read

Swan defends competency of Cbus directors in Senate appearance

The Cbus chair has maintained the fund’s directors satisfy necessary fit and proper tests, while also defending the board nominations made by the ...

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Objective of super now in ‘ironclad law’: Industry reacts

A decade in the making, industry bodies have praised the passage of the objective of super on Thursday. In a dramatic final day of Parliament, the ...

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ART partners with property fund on $585m healthcare and life sciences hub

The Australian Retirement Trust (ART) and property fund manager ISPT have secured a 99-year lease with St John’s College within the University of ...

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Super industry hits $4tn milestone

The local super industry now commands more than $4 trillion in assets, boosted by impressive quarterly returns. The Australian Prudential ...

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Is Division 296 doomed before year-end?

InvestorDaily understands the Division 296 legislation could be on the chopping block, with Labor said to be struggling to secure support ahead of the ...

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Future Fund chair defends mandate, rebuts criticism as ‘factually incorrect’

The chair of the Future Fund has slammed critics of the sovereign wealth fund’s new mandate as “factually incorrect”. “The Board of Guardians ...

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New mandate risks eroding Future Fund’s independence, analysts say

Deloitte Access Economics has raised concerns about the government’s recent changes to the Future Fund’s investment mandate, questioning the necessity ...

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Economist warns Future Fund changes could set dangerous precedent

The government’s adjustment to the Future Fund’s mandate could set a dangerous precedent, warns an economist, raising concerns that it may pave the ...

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AustralianSuper has ‘right strategic recipe’ for scale: Morningstar

In a new review of the country’s largest fund, a research house says it’s well placed to deliver attractive returns despite challenges

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Chalmers defends Future Fund changes amid Coalition criticism

Jim Chalmers has defended changes to the Future Fund’s mandate, referring to himself as a “big supporter” of the sovereign wealth fund, amid fierce ...

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