One of the country's biggest superannuation fund trustees will pay a $23.5 million penalty after more than 7,000 of its members experienced unreasonable delays.
Australia's superannuation industry and its 16 million members watched markets fall and braced for impact as 2020 delivered an unprecedented financial stress test.
SPECIAL REPORT: The rollout of next generation energy infrastructure such as batteries and microgrids is kicking off in WA, adding to the opportunities available for contractors in this space.
Treasurer Ben Wyatt's ambition for increased private participation in the electricity sector remains, despite a slow start, touting it as part of a microeconomic reform program designed to lift productivity.
The state government has today announced that two private investors will co-invest with Synergy in a joint venture that is planning to build up to 210 megawatts of renewable energy projects in the South West Interconnected System.
John Poynton-chaired Warrington Property Group has made its first interstate acquisition, picking up a 7.9 hectare industrial site in Melbourne from Cbus Property in a deal understood to be worth around $40 million.
Rated as the world's fourth biggest pool of contestable cash, Australia's $1.4 trillion superannuation sector was eventually going to struggle to find viable investments for its members, though not many people expected it take a risk with a plunge into publishing.
WITH construction costs among the factors dissuading developers from building hotels in Perth, the number of boutique projects coming online in existing structures is cause for optimism, according
Executives from Melbourne-based Cbus Property, which is short-listed for the 140 William Street development, made the most of a recent whirlwind trip west by meeting with consortium stakeholders and gauging potential opportunities in the Perth market.
