Super chair warns using retirement funds for housing is ‘destructive’

Super chair warns using retirement funds for housing is ‘destructive’

The chairman of Australia’s biggest superannuation fund has slammed Coalition MPs for pushing to allow renters to tap into their retirement funds for a home deposit.

  • byJennifer Duke

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‘Be proactive’:AustralianSuper calls on staff to help attract talent

‘Be proactive’:AustralianSuper calls on staff to help attract talent

AustralianSuper is planning to rapidly expand its in-house investment team,urging staff to recruit former colleagues as the industry funds struggle to offer competitive wages.

  • byCharlotte Grieve
Rio Tinto told to lift ‘Australian profile’ in board shake-up

Rio Tinto told to lift ‘Australian profile’ in board shake-up

The exit of Rio Tinto’s chairman has renewed investor demands for greater Australian presence on the board of the world’s second biggest miner.

  • byNick Toscano
Nation’s biggest superannuation lobbyist goes to war with government in new ad campaign

Nation’s biggest superannuation lobbyist goes to war with government in new ad campaign

Industry Super Australia is launching a digital campaign to tell one million voters their golden years could be in jeopardy.

  • byJennifer Duke
Unions,funds warn super rule changes could hinder economic recovery

Unions,funds warn super rule changes could hinder economic recovery

Superannuation funds and the Australian Council of Trade Unions say the federal government's super reforms could put Australia's economic recovery at risk.

  • byJennifer Duke
AustralianSuper looking offshore for multi-billion deals

AustralianSuper looking offshore for multi-billion deals

The country's largest super fund has over $200 billion under management and is looking offshore for juicier targets,even as it $5.1 billion bid for Infratil flounders.

  • byCharlotte Grieve
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AustralianSuper makes $5.1b takeover bid for NZ's Infratil

AustralianSuper makes $5.1b takeover bid for NZ's Infratil

AustralianSuper said it was attracted by Infratil's assets in New Zealand and Australia,including stakes in renewable energy companies,Wellington Airport and data centres.

  • byMatthew Burgess
'Deadbeat countries':AustralianSuper calls on PM to ditch carryover credits

'Deadbeat countries':AustralianSuper calls on PM to ditch carryover credits

The chair of Australia's largest super fund has called on the federal government to abandon the use of carryover credits ahead of the next global meeting on climate.

  • byCharlotte Grieve
AustralianSuper dumps Whitehaven Coal,commits to net zero by 2050

AustralianSuper dumps Whitehaven Coal,commits to net zero by 2050

The country's largest superannuation fund has sold its shares in the coal miner as it ramps up its climate policy.

  • byCharlotte Grieve
States should take bigger role in economic recovery:AustralianSuper's Russell

States should take bigger role in economic recovery:AustralianSuper's Russell

AustralianSuper chairman Don Russell wants state and territory governments to take a bigger role in helping struggling industries and creating a pipeline of infrastructure projects.

  • byJennifer Duke
AustralianSuper exec warns'climate laggards'will wither on ASX vine

AustralianSuper exec warns'climate laggards'will wither on ASX vine

The chief investment officer of Australia's largest super fund says the pandemic has accelerated a shift to digital that will overhaul the standing of the ASX's biggest players.

  • byCharlotte Grieve