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 Continue reading “REST Super: Major Shareholder In Manus and Nauru Detention. #Broadspectrum #RESTdivest”
A meeting was called by the NSW National Tertiary Education Union (NTEU) at the University of Technology Sydney on August 14 to discuss UniSuper’s divestment from Transfield. UniSuper is the superannuation fund all NTEU members are mandated to invest their retirement savings in under the terms of Enterprise Bargaining. It is co-directed by Australian University Vice Chancellors and NTEU representatives. Continue reading “NTEU NSW holds meeting to discuss UniSuper divestment from Transfield”
The following motion was passed unanimously the the University of Sydney Branch of the National Tertiary Education Union (NTEU).
NB: Please read this before drafting further motions, and contact us if you need clarification.
Continue reading “Sydney Uni Branch of NTEU votes unanimously for divestment – #UniSuper #MandatoryDetention”
The ASU calls for HESTA to divest from Transfield. Resolution just passed unanimously at ASU National Executive:
“The ASU National Executive calls for HESTA to divest from Transfield Services. Social and community workers do not want their retirement savings used to support a system of mandatory detention of asylum seekers and believe it is immoral for for corporations to profit from the indefinite and inhuman detention of other human beings. We also note that Transfield has no experience or background in welfare. We undertake to advocate this position to HESTA Board and to also provide our members with information on how to take individual action to ensure their money is not being invested in Transfield by exercising investment choice within the fund”
Original announcement made by Sally McManus, member of the ASU National Executive, on her Facebook page.