QSuper and Sunsuper to merge and create superannuation fund
The QSuper Board and Sunsuper Pty Ltd announced that they had signed a Heads of Agreement to merge and create an AUD 200 billion (US$ 154 billion) superannuation fund, servicing two million members and open to all Australians. Under the Heads of Agreement, both organisations will continue to work together to agree the merged organisation's structure and how operations will deliver material benefits to each fund's membership, with details to be shared with members of each fund during the coming months.
The merger is planned to proceed in September 2021.
Country updates
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March 17, 2021
Federal Government invests AUD 132.5 million in LRT 2A of Canberra
The Federal Government of Australia has announced to invest AUD 132.5 million (US$ 101.85 million) for stage 2A of Canberra’s light rail network. The construction works for the project are...
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March 16, 2021
Financial close for USD1.16 billion Hospital PPP project in Australia
The Plenary Health consortium has achieved financial close on the single largest health infrastructure investment in the State of Victoria, the AUD1.5 billion (USD1.16 billion) new Footscray ...
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March 12, 2021
Funding announced for hospital PPP in Western Australia
Rio Tinto has announced a contribution of AUD 20 million (US$ 15.4 million) to the Western Australian Government to help fund a new hospital at Tom Price in the state’s Pilbara region. The...
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February 25, 2021
Skip Capital launches AUD 100 million infrastructure fund
Skip Capital in Australia has launched a new infrastructure fund with a target size of AUD 100 million (US$ 77.52 million). The fund will invest in solar, wind, recycling infrastructure, and aged...
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February 08, 2021
RFEOI launched for South Geelong to Waurn Ponds track upgrade PPP
The government of Victoria in Australia has launched a call for Expressions of Interest (EOIs) for the South Geelong to Waurn Ponds Duplication Project. The Project is the next stage of inve...
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