Original article by Sally Rose
The Australian Financial Review – Page: 3 : 19-Aug-15
Superannuation fund HESTA has sold its three per cent stake in Transfield Services because of concerns about risks associated with the group’s management of the offshore detention centres on Manus Island and Nauru. HESTA manages super savings of doctors, nurses, and other workers in the healthcare and community services sectors. Many of its members are concerned about reports of mismanagement in offshore detention centres.
CORPORATES
HEALTH EMPLOYEES’ SUPERANNUATION TRUST AUSTRALIA LIMITED, TRANSFIELD SERVICES LIMITED – ASX TSE, AUSTRALIAN COUNCIL OF SUPERANNUATION INVESTORS INCORPORATED