Cbus
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| Public non-profit | |
| Industry | Industry superannuation |
| Founded | 1984 |
| Headquarters | Casselden Place, Level 28, 2 Lonsdale Street, Melbourne, Victoria, Australia |
|
Key people
|
David Atkin, CEO Steve Bracks, Chairman |
| Products | Superannuation |
| Revenue | (funds under management) A$27 billion |
| Slogan | None |
| Website | CbusSuper.com.au |
History
Cbus (Construction and Building Unions Superannuation) is one of Australia's largest public offer Industry Superannuation funds. Established in 1984 for the construction, building and allied industries; it now has over 720,000 members.
Cbus has over 89,000 participating employers and manages $27 billion of members' funds.[1]
Cbus is run for the benefit of its members and does not pay dividends to shareholders.
Cbus also invests back into the building and construction industry through its $2.8 billion property development company Cbus Property.[2]
Corporate Governance
United Super Pty Ltd is the Trustee of Cbus Superannuation Fund. The Directors of United Super Pty Ltd are appointed in equal number from member and employer associations in the construction and building industries. An Independent Director also sits on the board.[3] The current Chair of the board is former Victorian Premier, Steve Bracks AC.
