Transfield Lobbies Australian Council of Superannuation Investors (ACSI) To Stem Divestments

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 […]

Transfield Lobbies Australian Council of Superannuation Investors (ACSI) To Stem Divestments

#HESTAdivest: disrupting union support for the detention industry

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 […]

#HESTAdivest: disrupting union support for the detention industry

REST Super: Major Shareholder In Manus and Nauru Detention. #Broadspectrum #RESTdivest

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

REST Super: Major Shareholder In Manus and Nauru Detention. #Broadspectrum #RESTdivest

Four Things You Should Know About #HESTAdivest #NauruInquiry #Transfield #UniSuper

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 […]

Four Things You Should Know About #HESTAdivest #NauruInquiry #Transfield #UniSuper

Australian Financial Review Loses Its Mind Over #HESTADivest. Why would that be?

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]

Australian Financial Review Loses Its Mind Over #HESTADivest. Why would that be?