Page 14 - First State Super News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The former PM opposes using super to buy a private home but supports funds using members’ money to build houses and rent them back to members.

HostPlus doubles down on VC as Blackbird fund hits $652m Feb 2, 2021 – 12.00am Share Hostplus has brushed off speculation that liquidity pressure would crimp its pioneering venture capital portfolio, with the $50 billion industry superannuation fund revealing plans to grow its total private equity exposure from 8 per cent to above 10 per cent. Eyebrows were raised in August when technology investor Blackbird Ventures announced it had raised $500 million for its fourth fund, but Hostplus was not among the investors named. HostPlus chief investment officer Sam Sicilia, at home in Melbourne. H...

CFMEU ‘barred’ non-union contractor at Lendlease tower Save Share A delegate on Lendlease’s billion-dollar tower project in Melbourne’s Docklands has been accused of filtering out subcontractors from the site who are not members of the CFMEU. Jason Roach, shop steward for John Setka’s Victorian branch of the Construction, Forestry, Maritime, Mining and Energy Union, is facing court after he allegedly asked subcontractors inducted onto the second tower of the Melbourne Quarter project whether they had their “cards”. A CFMEU organiser has been accused of ensur...

MTAA Super and Tasplan will rebrand as Spirit Super after completing their merger, creating a $23 billion investor ambitious to deploy its newfound heft.

Data Addiction overhauls forecasting for Aware Super Data Addiction overhauls forecasting for Aware Super Builds new platform using Azure Machine Learning Credit: (c) Adrianocastelli | Dreamstime.com Microsoft partner Data Addiction has helped build a data modelling platform for the newly rebranded super fund Aware Super.  The Sydney-based Microsoft data and artificial intelligence specialist used the vendor’s Azure Machine Learning to build a new forecasting platform for Aware, reducing its reporting time.  Data Addiction developed the architecture and enabled Awa...