Plan for MTAA Super to buy its own name challenged

Meanwhile the three renegade state associations are pressing ahead with plans for a “new MTAA”, with the working title of Australian Automotive Industry Association.

In a letter to all Australia’s motor trade associations last month, Ian Field and his counterparts James McCall (MTA-NSW) and David Purchase (VACC) said:

“We believe any new National Structure/National Body needs to be essentially as less bureaucratic as possible, transparent and decisions made more on the basis of consensus than by votes. Any commercial activities that this new National Structure/National Body wishes to undertake in the future, such as the continued administration of the Superannuation Fund Trustee, would need to be conducted within a separate legal entity.”

 

 

 

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Rest Super’s selective approach to PE pays off as program comes of age

Rest Super has built its private equity program around a deliberately selective approach to manager and deal selection, favouring a concentrated roster of external partners and proactively seeking out top PE firms rather than waiting for them to come knocking. Head of private markets Marina Pasika unpacks the program’s coming of age and what powered an asset class return more than double the peer average in the last financial year.

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