NewsBite

SunSuper

August 2024

Retirees and savers just starting should be at the forefront of super fund thinking.

Shouldn’t retirees be on super boards too?

Super funds have changed since the Cooper inquiry recommended more independent directors. Now, it might be a case of why stop there?

July 2023

Perth Airport is the fourth-largest airport in the country.

Perth Airport investor TIF revs up to sell 7.19pc stake; UBS hired

Perth Airport could be worth $6 billion, going by the $115 million that its last seller sought for a 1.9 per cent stake in 2020.

April 2023

Holiday parks will be 70 per cent full this Easter.

Holiday park bookings up 40 per cent over Easter: BDO

Rising demand for budget holidays has lifted bookings and revenue forecasts across the holiday park sector this Easter, BDO figures show.

January 2023

Sam Sicilia is the chief investment officer at Hostplus, which tops the 10-year rankings.

Battered super funds eye positive 2023

After a dismal 2022 when the median balanced super fund lost almost 5 per cent, IFM Investors chief economist Alex Joiner says fund managers are looking for the risk on pivot.

August 2022

Canva downgrade sparks valuation rethink for local tech

The tumbling value of Australia’s technology darling Canva has prompted VC funds to re-appraise their portfolios.

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July 2022

Australian Retirement Trust, QIC back $500m affordable housing

The investment vehicle put together by ART and the investment manager comes as major super funds step up investment in affordable housing.

March 2022

Former Sunsuper chairman Andrew Fraser and new Australian Retirement Trust chairman Don Luke were quick to pass on merger benefits.

Six mega funds will tower over super

A mega super fund was born this week when QSuper and Sunsuper became the $207 billion Australian Retirement Trust. It’s a taste of things to come.

February 2022

caption to come.

How to survive a market crash

Think you can time getting in and out of equities to stay ahead? Here’s why the experts say you’re wrong.

AirTree Ventures partners Craig Blair, Jackie Vullinghs, James Cameron, Helen Norton, John Henderson and Elicia McDonald have raised the biggest fund so far in Australia.

Start-up investment booms as AirTree banks biggest Aussie VC fund yet

The caution in global tech investment markets is being shrugged off in the local start-up sector, with AirTree Ventures bagging $700m to pour into future giants.

October 2021

The ATO has been auditing the major superannuation funds for possible tax avoidance.

Qsuper faces audit of $200m franking credit stripping scheme

Members of one of Australia’s largest industry super funds may have to foot the bill for a record penalty over a controversial tax strategy.

September 2021

The Sydney Airport proposal, together with other activity, has led some to declare we are witnessing the beginning of a wave of super fund-led public company takeovers.

‘Super-charged’ public takeovers?

Some say we are witnessing the beginning of a wave of super fund-led public company takeovers, and Canberra has pricked up its ears.

August 2021

Mirvac’s Locomotive Workshop South Eveleigh, Sydney,

Sunsuper buys into Mirvac’s South Eveleigh vision

In a deepening of their relationship, Sunsuper has bought 49 per cent of Mirvac’s landmark mixed-use conversion of the Locomotive Workshop at South Eveleigh.

At AMP Australia, one emerging theme among recent executive hires is career commonalities with new chief executive Scott Hartley.

Scott Hartley’s AMP reunions

Recent executive hires at AMP Australia have history with the newish chief executive.

Soon-to-be-former QSuper CEO Michael Pennisi.

QSuper’s dismal return its greatest success

CEO Michael Pennisi believes member satisfaction is a true measure of a fund’s success.

July 2021

Mr Han also warned Telstra shareholders to view the monetisation of its other infrastructure cautiously.

‘Yin and yang’ for Optus after Telstra’s $2.8b tower sale

Morningstar analyst Brian Han says there are “yin and yang” elements at play for Optus after Telstra InfraCo Towers sale.

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June 2021

Chairman of QSuper, Don Luke, who is in the firing line of activists members over climate change risk management.

QSuper faces member backlash over climate risk concerns

Lawyers acting for two QSuper members wrote to Queensland’s largest super fund urging it to strengthen its policies to better manage climate change risk.

It has entered a 15 year agreement with InfraCo Towers to secure ongoing access to its existing and new tower assets as well.

Competitive position safe in $2.8b tower sale: Telstra

Telstra has sold half of its mobile infrastructure business to a consortium that includes the Future Fund and half the cash will be returned to shareholders.

Hostplus CEO David Elia says the early discussions had brought to light a strong alignment between the industry funds.

Statewide Super chooses Hostplus for merger talks

South Australian-based superannuation fund Statewide Super has entered exploratory merger talks with industry giant Hostplus. Collectively, the funds would form a $77 billion super giant.

Five funds favoured by young workers who get their first jobs in industries such as hospitality will benefit from changes ‘staple’ members to their first fund.

Super changes to ‘cement power’ of industry funds

Five funds favoured by young workers who get their first jobs in industries such as hospitality will benefit from changes ‘staple’ members to their first fund.

AMP sources emphasise Shawn  Johnson’s apparent fixation on corporate culture and personal integrity.

‘Straight shooter’ to clean up AMP Capital’s culture

Former colleagues describe Shawn Johnson as a warm, trusted executive with a knack for settling disputes and avoiding even the hint of poor behaviour.

Original URL: https://www.afr.com/company/sunsuper-jld