Treasurer Jim Chalmers wants super funds to help end homelessness
Charities and the government want to deploy some of the $3.3 trillion in superannuation assets to social infrastructure such as housing. But roadblocks remain.
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Charities and the government want to deploy some of the $3.3 trillion in superannuation assets to social infrastructure such as housing. But roadblocks remain.
After a previous attempt to acquire the A$1.1 billion port with previous partner Palisade was sunk by the Australian competition watchdog, Spirit Super seems to have found success with a new partner.
The increased ID requirements being requested by APRA super funds for rollovers is slowing down or stalling the process in some cases, says a specialist auditor. Speaking in a recent webinar, Aquila S
US infrastructure investor Stonepeak has swooped in to take GeelongPort, in a joint bid with Australia’s Spirit Super.
The global infrastructure manager and industry super fund will own 70% and 30% of the asset, respectively.