HESTA

Bringing you the latest in HESTA’s joint venture with ISPT, a groundbreaking initiative to establish cutting-edge medical office facilities at St Vincent's Health Australia's Fitzroy hospital campus. Brenan Place is a visionary development that will offer a blend of ancillary services, administrative offices, educational facilities, and healthcare services across its 12 levels. Sustainability is at the core of this project, aiming for a 5 Star Green Star rating and a stellar 5.5 star NABERS Energy rating. As part of our commitment to investing with excellence for impact, we’re continuing to grow our investments in healthcare where we expect strong future demand for services as Australia’s population ages. These investments can help benefit members through strong, long-term returns, while supporting jobs and innovation in sectors where many of our members work. By focusing on job creation, economic development, and enhanced health outcomes, we're not just investing in property - we invest in and for people who make the world better, whilst accelerating our contribution to a more sustainable world. #HESTASuper #LifeSciences #InvestmentProperty Joshua Parisotto, Scott Hastings, Jason Lourensz, Lee Mauceri, Danielle Dalby, Bates Smart, trethowan architecture | interiors | heritage, Hansen Yuncken, Chris Chapple, Duo Projects

We are delighted to share that our MySuper Balanced Growth option has once again demonstrated strong performance for our members, achieving an impressive 9.10 per cent return for the financial year ending 30 June 2024. Several of our diversified investment options also posted impressive results for the financial year. #EOFY #HESTASuper #HESTAImpact

At HESTA, we’ve learned retirement is as unique as our 1 million plus members, 80% of whom are women. Our Chief Strategy Officer, Sam Harris, recently spoke with The Golden Times to discuss the gendered nature of retirement and the specific challenges women face. HESTA is committed to ensuring our members get the help and information they need when they need it - no matter where they are in their retirement journey. Our advice service helps members build confidence about their super and improve their financial futures, including through self-service online, member help and chatbot, super education and advice in members’ workplaces, information sessions and seminars, and specialised personal support delivered by HESTA’s advisers. More than 200,000 of our members have also used Future Planner, our online digital tool that helps members examine how different actions, such as increasing contributions, adjusting investment options, or changing retirement dates, might affect their retirement outcomes. To read more, head here: https://lnkd.in/gZidnPvD

In recognition of World Blood Donor Day, we acknowledge all those whose generosity in donating blood contributes to saving lives. Many of our members witness first-hand the impact of blood donations, and we stand with them by offering unlimited Blood Donor Leave to our employees. Let's honour this day by celebrating those who give and, inspiring others to roll up their sleeves for this life-saving cause. #WorldBloodDonorDay #HESTASuper #SuperWithImpact Australian Red Cross Lifeblood Sue Blair Katrina Waghorne Dianne Ghosn Nicole Guest

HESTA's Investment Manager - Quantitative Analysis, Dr Frank Polanco, CFA, was a key speaker at the 2024 [i3] Investment Strategy Forum, sharing his expertise on the transformative power of Artificial Intelligence (AI) in investment strategies. At the forefront of innovation, Frank's presentation, "Unlocking the Power of AI," highlighted the staggering economic potential of generative AI. He delved deeply into the sophisticated techniques that are propelling AI in the investment world, while also acknowledging the complex landscape of challenges and limitations that lie beneath its promising surface. At HESTA, we're committed to delivering investment excellence with impact for our members. Frank’s expertise in AI applications aims to deliver better retirement outcomes for our members by enhancing market responsiveness and refining investment strategies. #HESTASuper #InnovationInInvesting #ArtificialIntelligence #FinancialTechnology [i3] Investment Innovation Institute [i3] Insights

HESTA was thrilled to host an enlightening webinar for employers, ‘Designing work to support employees in the health and community services sector: Insights from the University of Sydney’. The webinar included insights from experts, including Raphaelle Kennedy, HESTA's senior manager of policy and advocacy; Professor Rae Cooper AO, professor of Gender, Work and Employment Relations at the University of Sydney; and Professor Anya Johnson, professor of organisational behaviour. The health and community services sectors physical and emotional demands, coupled with staff shortages and unexpected life events, often result in reduced hours and increased absences. Research also shows that poor mental health can have a negative effect on super balances and even lead to employees retiring early.* The webinar provided invaluable insights into the essential steps organisations can take to enhance work design, support employees through life's challenges, and promote better mental health. By staying informed, we can empower the sector’s dedicated workers, many of whom are our members, to remain active and engaged in their profession. You can access the webinar here: https://lnkd.in/gJVRdGqv #HESTACares #MentalHealthAwareness #SupportiveWorkplaces #HealthSector #CommunityServices *November 2023 HESTA analysis of super balances and retirement ages of all HESTA members who had made a mental health Income Protection (IP) claim in the previous two years, compared to all other HESTA members who did not make an IP claim.

As stewards of capital, our members trust us to invest their money responsibly, and take action to protect and grow their hard-earned savings for retirement. Our CEO, Debby Blakey, had a one-on-one conversation this week with AFR BOSS editor Sally Patten at The Australian Financial Review ESG Summit, delving into our responsible investment approach, active ownership activities, and sharing her insights on what companies need to do to build long-term sustainable value for our members. #AFRESGSummit #ResponsibleInvestment #ESG Photographer: Dion Georgopoulos

HESTA is pleased to announce the appointment of Alissa Knight as General Manager Strategic Planning, effective June 11. Alissa brings a wealth of experience to the role, having held strategy-related positions at AIA and legalsuper, along with a previous contract role at HESTA. Her expertise is set to play a crucial role in supporting HESTA's Executive Leadership team in strategic planning and the prioritisation of key initiatives. Please join us in welcoming Alissa back to the team and into her new role, where her contributions will be key in guiding our strategic planning as we continue to focus on driving positive outcomes for our members. #HESTASuper #StrategicPlanning #Leadership

HESTA is thrilled to partner with ISPT to break ground on a new health and life sciences campus at St Vincent's Hospital Melbourne. We’re proud of our history investing within health and life sciences, supporting jobs and innovation in sectors where many of our members work. The Brenan Place project will include space to be leased to various tenants comprising ancillary services, administration, education, and health services. The building will comprise 12 storeys and is targeted to have a 5 Star Green Star rating and 5.5 star NABERS Energy rating. HESTA believes Australia’s ageing population can support strong demand for health services, helping to deliver strong, long-term returns for our members, while supporting future jobs and economic growth and better health outcomes. https://lnkd.in/gQ5fhDK2 #HESTASuper #LifeSciences #InvestmentProperty Joshua Parisotto, Scott Hastings, Jason Lourensz, Lee Mauceri, Danielle Dalby, Bates Smart, trethowan architecture | interiors | heritage, Hansen Yuncken, Chris Chapple, Duo Projects

At HESTA, we believe reconciliation is essential to helping our members, and all communities across Australia, look forward to an equitable future. We acknowledge National Reconciliation Week, which marks one year since launching our 2023-25 Innovate Reconciliation Action Plan. We’re proud to be founding supporters of the Dhawura Ngilan Business and Investor Initiative. The initiative which launched this year, offers comprehensive guidelines and resources for businesses and investors, promoting respectful partnerships with First Nations Peoples. This can help improve long-term shareholder value and better retirement outcomes for our members. We’ve also partnered with educational institutions to provide scholarships for Aboriginal and Torres Strait Islander students pursuing careers in health and community services, supporting the next generation of First Nations professionals. We remain committed to supporting Aboriginal and Torres Strait Islander peoples, particularly those working in the health and community services sector, and strengthening our relationships with First Nations communities. HESTA acknowledges Aboriginal and Torres Strait Islander peoples as the Traditional Custodians of all the Lands, Seas and Waters on which we come together. We pay our respects to Elders, past and present. #NationalReconciliationWeek #NRW2024 #HESTASuper