Published: 9 Jun 2022
Guest post from Cbus Super Fund
Cbus CEO Justin Arter spoke at the CFMEU national conference in March, highlighting the historical connection between our sponsoring unions and the fund.
As we celebrate 30 years of the Super Guarantee that legislated payment of super to eligible workers for their retirement, it’s important to reflect that the CFMEU was a leader, campaigning to set up the first industry fund – Cbus in 1984.
Today, there are seven million members of industry super funds nationally. Through their funds and collective investment vehicles, a very large pool of savings is investing in Australian infrastructure and assets that we all use and need every day – airports, roads, railway stations and ports. Justin reminded the delegates to conference that this is something that wouldn’t have happened without compulsory super, without the leadership of this union and the broader union movement’s role in bringing about this system that is considered the envy of the world.
Check out this video we shared at the conference that captures members who we have featured as part of our advocacy work to ensure Cbus is a fund for workers in the construction industry and delivering for them.
This information is about Cbus. It doesn’t take into account your specific needs, so you should look at your own financial position, objectives and requirements before making any financial decisions. Read the relevant Cbus Product Disclosure Statement and Target Market Determination prior to making any decisions. Call 1300 361 784 or visit cbussuper.com.au for a copy.
Cbus’ Trustee: United Super Pty Ltd ABN 46 006 261 623 AFSL 233792 Cbus ABN 75 493 363 262.