Road to recovery
We’re helping Australia’s economic recovery
COVID-19 has had a dramatic economic impact in Australia and globally which will take years to recover from.
It’s acknowledged the building and construction industry will play a leading role in Australia’s economic recovery. As the super fund representing the industry, Cbus will contribute to this recovery at many points along the way.
We see opportunities in keeping current projects going and ensuring a decent pipeline of work over the next few years. We believe our investments will contribute to the creation of around 100,000 jobs through this recovery.
Investing in the recovery
With a strong history of job creation through Cbus Property*, we will focus on more than just large-scale property projects to achieve a similar number of jobs through the recovery.
We will play a leading role in industry and government forums, identifying ways the super industry can assist in the recovery. Through a close relationship with sponsoring organisations, we will use industry insights to help prioritise ‘shovel ready’ and future projects.
We can invest capital in different ways to contribute to job creation, including:
Direct debt and corporate opportunities
We are looking for direct investments in recapitalisation opportunities with Australian listed companies and direct lending.
We are already a provider of debt facilities for smaller to medium tier construction projects, offering more flexible time horizons than traditional bank financing. We may also consider funding opportunities for social and affordable housing.
Cbus Property recently announced an anchor tenant for its Pirie Street development that’s about to commence in Adelaide and will create 2,000 jobs.
Expansion of existing assets
An effective way to increase the value of existing assets is to upgrade existing facilities or undertake further development.
Many of our infrastructure assets have future development pipelines in their business plans and we will provide capital towards these when they’re approved as priority projects.
Contributing to a stronger economy
Cbus is committed to building our members’ retirement savings while creating jobs in the industry. This results in decent work and it all contributes to the recovery and a stronger economy.
* Cbus Property Pty Ltd is a wholly-owned subsidiary of United Super Pty Ltd and has responsibility for the development and management of Cbus’ direct property investments.
This information is about Cbus and figures are correct as at 12 June 2020. It does not take into account your specific needs. You should look at your own financial position, objectives and requirements before making any financial decisions. Read the relevant Cbus Product Disclosure Statement to decide if Cbus is right for you. Call 1300 361 784 or visit cbussuper.com.au for a copy.