Allan Gray is Transfield Services’ largest investor, with a stake close to $100 million, as reported three days ago. That figure wiil have diminished recently, with the decline in Transfield Services’ shareprice. Allan Gray is a global investment fund that originated in South Africa and is presently registered in Bermuda. It is also the second-largest […]
Ever since private superannuation became compulsory in Australia, superannuation funds—and superannuation fund managers—have created an immense pool of investment dollars.
When author Jennifer Mills found out about her super fund HESTA’s connection to offshore detention of refugees, she contacted them for more information about where exactly her money was invested. Unsatisfied with their response over the phone, she sent them this letter.
By Carolina Lee and Liz Thompson The HESTA Divest campaign was recently approached for an interview by Daniel Hannington-Pinto, a PhD candidate, as part of his research on social and moral campaigning by Australian trade unions. The campaign team prepared the following response which covers the following points: Research by the xborderops network on union […]
Roundtable discussants: Carolina Lee, Ahmed, Sanmati, Tom, Matt, Liz and Angela Mitropoulos.
REST, the superannuation fund for workers in retail, warehousing and the fast-food industry, is a major shareholder in Transfield Services Broadspectrum. According to Broadspectrum’s 2015 Annual Report, REST has just under 25 million shares
A discussion on recent changes to Australia’s detention industry and policy by Sanmati Verma and Angela Mitropoulos.
Bernard Mees, a member of the Consultative Committee of UniSuper, recently published an article in The Conversation. Here are two comments on that article:
On August 17th, Transfield Services (TSE) issued a statement to the Australian Stock Exchange (ASX). This statement was not a media release but a compliance report in line with stipulations of the Corporations Act and ASX governance rules. On August 18th, the sixth-largest superannuation fund in Australia (HESTA) announced that it was divesting from Transfield […]
Less than a day after HESTA announced that it would divest its holdings in Transfield Services, the Australian Financial Review has run an editorial critical of that move. [here]