Star appeal for refugees at Christmas

Ian Chappell and Jane Turner, two of the patrons of the refugee aid agency Australia for UNHCR, have launched a Christmas ‘Star Appeal’ for families in need.

Chappell, the former Australian cricket captain, and Turner, the ‘Kath’ character in the television comedy ‘Kath & Kim’, said the appeal would raise money for “practical support” to improve the quality of life for refugees at Christmas. This included equipment for wells and the provision of clean drinking water, gardening tools, blankets and books and pencils for children. Turner said: “I really don’t need another latte pashmina when $33 could keep a refugee family warm.” Donations can range from $12, which can supply a child with books and pencils for a year, to $360, which can provide a village with clean drinking water. Australia for UNHCR is widely supported by the financial services industry. Appeal donations: www.unrefugees.org.au

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‘Not an ATM’: Sicilia shrugs off private credit liquidity fears

The chief investment officer of the $150 billion industry super fund says that Hostplus’ portfolio will weather the ongoing downturn in software companies and that moves by a number of large private credit managers to gate their funds are a result of the asset class being offered to retail investors who should not have assumed the funds would be liquid enough to get money out when everybody else is trying to do the same.

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