Cbus
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Building Bad
Union firebrand Paddy Crumlin among three directors nominated for Cbus board
The administrator of the trouble-plagued CFMEU has nominated three directors to the $94 billion superannuation fund Cbus.
- by Sumeyya Ilanbey
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Trade unions
CFMEU boss allegedly bragged of corrupt contract connections at $94b super fund
Police allege the high-ranking official boasted to corrupt building firms that he could secure them lucrative jobs on construction projects financed by superannuation giant Cbus.
- by Nick McKenzie, David Marin-Guzman and Ben Schneiders
Scrap minimum withdrawal rules for retirees with low super, Cbus says
Cbus said the system was too complex, and as a result, its members, whose super balances are lower than the average population, were financially worse off.
- by Sumeyya Ilanbey
The gleaming CBD ‘fryscraper’ too glittering and mirror-like for its own good
Imagine, if you will, a Melbourne tower so spectacular, so … reflective, that it beams light so intensely it cooks people in the building opposite. Well, our CBD has just that.
- by David Estcourt and Kishor Napier-Raman
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Superannuation
Young workers in dangerous jobs left without proper insurance cover, warns Cbus
Cbus says superannuation ‘stapling’ has failed, causing more harm than good, and calls for an overhaul of the policy.
- by Simone Fox Koob
Analysis
Superannuation
Super funds stage stunning recovery on sharemarket rally
Growth superannuation investment options recouped almost all of their losses of the 2021-22 financial year in July.
- by John Collett
Tom McDonald: union leader and pioneer of superannuation
McDonald instigated stronger health and safety practices and better working conditions in the building sector, and made a great contribution to wellbeing.
- by Michael Easson
Cbus signs $73b merger agreement with scandal-plagued EISS Super
The two super funds have signed a memorandum of understanding after leadership turmoil at EISS Super and pressure from the regulator.
- by Charlotte Grieve
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Company mergers
Troubled EISS in advanced talks with Cbus to create $70b super giant
EISS staff have been warned there will be job losses and possible re-deployments once the $6 billion fund is taken over by construction giant Cbus.
- by Charlotte Grieve
Investors pump billions into shopping malls as retail rebounds
Commercial real estate investors have roared back into the shopping centre market, snapping up $4.52 billion worth of assets in anticipation the pandemic-hit sector will rise again.
- by Carolyn Cummins
Exclusive
Superannuation
Super reforms face Senate battle as Patrick raises fears of worker under-insurance
Crossbenchers are pushing for major amendments while fund bosses say powers in the bill could have “catastrophic” effects on workers’ retirement balances.
- by Jennifer Duke
Original URL: https://www.watoday.com.au/topic/cbus-jlc