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Rio Tinto inks lithium deal as chief resigns

JAMIE WILLIAMSON  |  THURSDAY, 22 MAY 2025  |  NEWS
Rio Tinto is forming a joint venture with Codelco to operate a lithium project in Salar de Maricunga. It comes as the ASX-listed miner prepares to bid farewell to its chief executive. Rio Tinto said the lithium project will help cement it as a leading ...

Green moves: First Nations Foundation, Future Fund

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025  |  NEWS
After more than five years at the helm, Phil Usher has departed the First Nations Foundation (FNF). Announcing the decision on LinkedIn, Usher said he was proud of his time spent leading the organisation. "I'm a firm believer that when you're the chief ...

Public sector pay gap revealed

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025  |  NEWS
The Workplace Gender Equality Agency (WGEA) published the gender pay gaps for 120 public sector employers and two corporate groups for the first time following legislative changes in 2023. The data includes details of the gender pay gaps for well-known ...

Super moves: Future Fund, WTW

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025  |  NEWS
The Future Fund's Sydney office continues to grow with Edwina Matthew and Anish Gupta joining the organisation. Australia's sovereign wealth fund said Matthew comes on board as director of responsible Investment. Before joining the Future Fund ...

ANZ Staff Super loses investment head

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025  |  NEWS
ANZ Staff Superannuation's investment chief Ruwanie Dias has stepped down after nine months in the role, prompting fresh questions about the $7 billion fund's strategic direction. Dias, who was responsible for the fund's entire investment ...

Escala poised to overhaul strategy

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025  |  NEWS
Private wealth manager Escala Partners is poised for a management overhaul that could see the appointment of a new chief executive, according to people familiar with the matter. Two senior executives - co-chief executive Pep Perry and investment chief ...

New gigs for Qantas Super execs

ELIZABETH FRY  |  THURSDAY, 22 MAY 2025  |  NEWS
Three Qantas Super executives have landed in new roles following the merger of the fund with Australian Retirement Trust in March. This is in addition to the appointment of Qantas Super boss Michael Clancy to the top investment job at REST Super. Clancy ...

Green moves: Chief Executive Women, Hearts & Minds, Rabobank

ELIZABETH FRY  |  MONDAY, 19 MAY 2025  |  NEWS
... including chair of the Paris Aligned Investment Initiative for Real Assets (UK), chair of the Human Rights Working Group at the PRI and as a foundation advisor on the Net Zero Asset Managers Initiative. Before joining IFM, Newton was head of social innovation ...

Clean energy transition a top priority for productivity: PC

ELIZA BAVIN  |  MONDAY, 19 MAY 2025  |  NEWS
The Productivity Commission (PC) has identified 15 priority reform areas for further exploration under the five productivity inquiries commissioned by the government. The five productivity inquiries were around creating a dynamic and resilient economy ...

Landmark greenwashing case against Energy Australia comes to an end

JAMIE WILLIAMSON  |  FRIDAY, 16 MAY 2025  |  NEWS
A landmark greenwashing case against Energy Australia was discontinued after the provider reportedly reached a settlement with activist group Parents for Climate. A civil trial against Energy Australia was due to kick off this week, with The Australia ...
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