News

The Infrastructure Fund (TIF), managed by Macquarie Asset Management (MAM), State Super and Australian Retirement Trust (ART) today announced an agreement for the sale of their combined 74.25% interest in Queensland Airports Limited (QAL) to a consortium comprising global investment firm KKR and the Skip Essential Infrastructure Fund.

The project to re-develop the Westfield Knox shopping centre, undertaken within State Super’s Direct Property Strategy managed by Lendlease Investment Management (Lendlease), prioritises several Environmental, Social and Governance (ESG) initiatives.

With a commitment to achieve net zero Scope 1 and 2 emissions by 2030, the Port aims to source 100% of its electricity from renewables and transition its corporate vehicle fleet and marine survey vessel to electric or zero-emission fuel technologies.

We appreciated the interest shown by the many State Super members who attended our second online Annual Member Meeting on 6 December 2023. The response again exceeded our expectations with over 750 members registering to attend

When State Super announced its net-zero strategy in December 2021, a key pillar of the strategy was investment in companies specifically positioned to benefit from decarbonisation-related spending globally over the coming decades.

State Super is excited to announce we are relaunching our scholarship program with a renewed focus on ESG and Responsible Investment issues for 2024. We are able to provide valuable financial support to successful applicants to pursue research into innovative ESG solutions, Responsible Investment or superannuation, pensions, and retirement.

Each year in October the amount of your State Super pension is adjusted to reflect the percentage movement in CPI from one June quarter to the next June quarter. The adjustment rate for State Super pensions is therefore 6.6% for this year.

State Super fund members expect their superannuation fund to make socially responsibly investment choices without sacrificing retirement incomes, a new research white paper has found. The white paper, which was based on member advisory forums across New South Wales, points to the balancing act that superannuation funds need to perform to meet the needs of members.

State Super has announced the appointment of Mr Thomas Costa to the State Super (SAS Trustee Corporation) Board.