QIC has announced the appointment of David Usasz and Grant Murdoch to its board of directors.
Commenting on their appointment, QIC chairman Peter Young AM said Usasz and Murdoch are well respected in the business community. Their commercial insight and extensive experience would be an asset to the company.
Usasz has more than 30 years' experience in financial services, having served as a partner at PricewaterhouseCoopers between 1987 and 2007. He was also a registered tax agent for more than 25 years and worked extensively with Japanese and Chinese investors in Australia.
Murdoch has over 37 years of chartered accountancy experience, and for the last eight years headed the corporate finance team for Ernst & Young Queensland. He has been the Ernst & Young transaction advisory services Brisbane leader since April 2004, including leading the engagement team in the recent $3 billion sale of Queensland Motorways and Golden Casket.
Governor Michele Bullock took a more hawkish stance on Tuesday, raising concerns over Donald Trump’s escalating tariffs, which sent economists in different directions with their predictions.
Equity Trustees has announced the appointment of Jocelyn Furlan to the Superannuation Limited (ETSL) and HTFS Nominees Pty Ltd (HTFS) boards, which have oversight of one of the companies’ fastest growing trustee services.
Following growing criticism of the superannuation industry’s influence on capital markets and its increasing exposure to private assets, as well as regulators’ concerns about potential risks to financial stability, ASFA has released new research pushing back on these narratives.
A US-based infrastructure specialist has welcomed the $93 billion fund as a cornerstone investor.