From investments in Australian agriculture through to a training academy for emergency workers, First State Super’s diverse investments are contributing to communities where our employers and members live, work and retire.
Investing in projects and companies that will add value to the wider community is an important part of the approach we take to building our investment portfolio. At First State Super we invest in a wide range of sectors including agriculture, property, health and technology. Two areas that contribute to local economies and employment are our agricultural investments in NSW, Victoria and South Australia and our investments in key transport infrastructure initiatives such Bankstown and Camden Airports.
Also making a contribution to the future growth of the business and wider community are our property and social infrastructure investments including the Barangaroo and the Darling Harbour Live projects in Sydney, the New Bendigo Hospital in Victoria and the Sunshine Coast Public University Hospital in Queensland. Each of these new developments will deliver employment opportunities and valuable services to the communities in which they’re located.
Because we know that members benefit from financial advice, we have made a long term strategic investment in acquiring StatePlus, one of Australia’s leading providers of professional and financial planning services. This acquisition will not only expand the financial services we are able to offer our members but will also provide sustainable long-term returns to build their retirement savings.
We have also recently invested in the new Fire & Rescue NSW Academy, a world class training facility in Sydney’s west. Scheduled for completion in 2017, the academy will play a considerable role not only in training firefighters but also in boosting the economy of Sydney’s western region.
“In addition to providing steady long-term returns, our investments will continue to support our commitment to building communities and strengthening the industries in which our members and employers work.”