The Coalition has pledged to give young Australians access to up to $50,000 in their retirement savings to get a toehold in the housing market. Super funds say it will only further inflate property prices.
Listed property, which found investor favour in 2024, is better positioned to weather market volatility with institutions eyeing improving valuations and development opportunities. For overseas players, a weaker Australian dollar is a bonus.
Care Super recruits new CIO from Equip
(Pictured: Greg Nolan)
Care Super has recruited a new CIO to replace the long-standing incumbent, Greg Nolan, who has decided to move to a part-time role with the $8 billion industry fund. Care Super chief executive, Julie Lander, is also expected to announce some other new appointments soon.
Suzanne Branton, a senior portfolio manager at Equipsuper and former investment strategist at Goldman Sachs JB Were Asset Management, is the new Care Super CIO, starting this month.
Nolan announced his intention to move to a part-time role several months ago. He said he would be working on specific investment projects for Care Super in the future.
Lander said last year that she was pleased for Greg and looked forward to building the resources of the fund with an additional appointment. She said last week that she would be making additional announcements soon.
