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Showing 11 - 20 of 158 results for "Forestry"

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
Queensland-based industry super fund BUSSQ, which has ties to the scandal-plagued Construction, Forestry, Maritime, Mining, and Energy Union (CFMEU) through its board, emerged largely unscathed from an independent report by KPMG. BUSSQ was hit with ...

New Forests sees potential in Vietnamese timber

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUN 2025
... investment made by the fund, which also recently acquired a stake in Laos-based timber plantation company Burapha Agro-Forestry. Tavico was founded in 2005 as a log trader and sawn timber mill. Today it also has a distribution centre and operations across ...

New Forests buys into Burapha

KARREN VERGARA  |  TUESDAY, 29 APR 2025
New Forests has acquired a majority interest in Burapha Agro-Forestry, a timber plantation forestry company in Laos. New Forests' Tropical Asia Forest Fund 2 (TAFF2) together with Mirova's sustainable land use strategy have invested in Burapha ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... failings, including an independent review of Cbus, which found scant evidence of its relationship with the Construction, Forestry, and Maritime Employees Union (CFMEU) being in the best financial interests of members, while also findings it processes ...

The productivity problem: Good ideas never put to use

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... - applying new ideas and doing more with what we have also matters." The annual bulletin shows that the agriculture, forestry and fishing industry saw the fastest multifactor productivity growth at 7.3% between 2022-23 and 2023-24, while multifactor ...

BUSSQ loses legal bid to overturn additional licence conditions

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
... time, APRA cracked down on Cbus' trustee in response to allegations of "serious misconduct" within the Construction, Forestry and Maritime Employees Union (CFMEU), which has three directors on the fund's 14-member board. Notably, the three CFMEU-appointed ...

ASIC escalates super fund enforcement in 2025

KARREN VERGARA  |  FRIDAY, 15 NOV 2024
... on this area". Cbus, BUSSQ, and First Super this year made headlines with respect to their ties with the Construction, Forestry and Maritime Employees Union (CFMEU), putting into doubt the relevance of union representation on super fund boards and pointing ...

Cbus implements senior redundancies

ANDREW MCKEAN  |  THURSDAY, 31 OCT 2024
... with three members being "forced off the board" in August amid corruption allegations in relation to the Construction, Forestry, and Maritime Employees Union. All that being said, Cbus' default growth option has performed reasonably well over the ...

BUSSQ board members removed

ANDREW MCKEAN  |  FRIDAY, 13 SEP 2024
BUSSQ board members Jacqui Collie and Michael Ravbar, both of whom are senior Construction, Forestry, and Maritime Employees Union (CFMEU) officials, have been replaced effective immediately. The administrator for the Queensland branch of the CFMEU ...

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... allegations by APRA that he breached his duties as a director in relation to a contract between the fund and the Construction, Forestry and Maritime Employees Union (CFMEU). In addition to being First Super's co-chair, O'Connor is the national ...