Superannuation
Cbus faces SIS Act breach if CFMEU board seats remain vacant
The $94 billion Cbus super fund may breach the SIS Act if three employee-representative vacancies on the board of its trustee, United Super, are not filled within 90 days. The risk has emerged following the forced administration of controversial trade union the CFMEU, and APRA-imposed licence conditions on United Super and BUSSQ.
Simon HoyleSeptember 4, 2024
