The Gas safety check information in the Residential Tenancies Regulation 2021 is as follows,
Cbus, one of Australia’s largest industry super fund for the building, construction and allied industries, has reached a new milestone in January 2021 with total Funds Under Management (FUM) surpassing $60 billion.
Despite the challenges brought on by the COVID-19 pandemic in the past year, Cbus’ ability to organically grow our FUM is a result of our commitment to our investment approach which has included investing opportunistically in the post-COVID economic recovery.
It also reflects the success of our investments strategy as we continue to deliver value for Cbus members by internalising our investments program to deliver strong returns while reducing investment costs.
Leading the recovery and creating jobs for our members
As a profit-to-member industry fund, Cbus has a proud history of investing back into our industry and creating jobs for our members through Cbus Property#.
Since its inception, Cbus Property has generated annualised returns of 15.3% p.a.* and created over 100,000^ direct jobs in the building and construction industry.
Leveraging on our unique position in the industry, we saw opportunities in investing in the recovery which protected returns and created jobs for our members while contributing to the broader economy. We believe our investments will likely contribute to the creation of a further 100,000 jobs in Australia going forward.
Current projects include 83 Pirie Street in Adelaide’s CBD, a $300 million office building development with the South Australian government committed as the anchor tenant, which is anticipated to create up to 2,000 jobs during construction.
Over the next 12 months, Cbus will continue to actively look for opportunities that create strong returns and jobs for our members, playing an important role in Australia’s economic recovery and supporting our members’ financial wellbeing during their working lives and into retirement.
For more information, visit cbussuper.com.au
This update was brought to you by Cbus, the industry super fund for building, construction and allied industries.
#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.
*Since inception in 2006 to 30 June 2020. Cbus Property investments are part of the property asset class in the High Growth, Growth, Conservative Growth and Conservative investment options and these returns are net of fees and form part of the crediting rates allocated to accounts invested in these options.
^Estimated jobs since 2006 to June 2020 based on inductions for completed and committed developments.
This information is about Cbus. It doesn’t take into account your specific needs, so you should look at your business needs, objectives and requirements before making any financial decisions. Read the relevant Cbus Product Disclosure Statement to decide whether Cbus is right for you. Call 1300 361 784 or visit www.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