REST powers up Endeavour Energy selldown; Barrenjoey hired
Industry superannuation giant Rest Super is set to call time on its investment in NSW’s second-biggest electricity distribution company, Endeavour Energy.
Source: afr.com
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NAB's Ross McEwan tells Jim Chalmers that returns on social housing too small because of red tape
Treasurer Jim Chalmers hosted about 20 of the nation’s most powerful finance executives for a closed-door meeting to rally support for the Housing Accord.
Source: afr.com
Australian super funds still wary of crypto as APAC family office interest surges | Asset Owners
Family office investors in Australia, Hong Kong and Singapore are wading deeper into digital assets, but Australian pension funds remain focused on blockchain tech more broadly.
Source: asianinvestor.net
Superfunds study housing accord - Investment Magazine
Australia’s $1 billion industry superannuation sector is working with the Albanese Government on the next steps for the Housing Accord announced during the Federal Budget but the challenge is to develop new investments that meet super fund’s primary obligation to invest for the best financial interest of members.
Source: investmentmagazine.com.au
Aussie laundered stolen retirement funds via Hong Kong using crypto, diamonds
A woman in Melbourne, Australia pleaded guilty to her role in stealing millions of dollars and laundering it via Hong Kong through cryptocurrency and diamonds.
Source: forkast.news