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News & Media

Find out what is happening with all things Australian Unity including
media releases, articles and latest news

Latest articles

Australian Unity Diversified Property Fund sells industrial asset in Richlands, Queensland for $85m

09 Mar 2021 - Australian Unity’s Diversified Property Fund has finalised the sale of an industrial property at 278 Orchards Road, Richlands, Queensland for $85 million.

Australian Unity realise vision for seniors community opposite Albert Park Lake

23 Feb 2021 - Australian Unity has teamed up with private wealth management group Ord Minnett (Ords) as part of its newly formed Private Capital division to fund the development of a $125 million, 15-storey premium seniors community at its former head office opposite Albert Park Lake in Melbourne, Victoria.

Australian Unity grows Canberra presence with acquisition of local tax practice

22 Feb 2021 - Australian Unity Trustees has acquired Canberra-based tax practice Clarkson Williams Partners Pty Ltd (CW Partners) expanding its service offering and customer base in the capital’s growing market.

Aged Care Voluntary Industry Code of Practice launched

16 Feb 2021 - The Aged Care Workforce Industry Council (ACWIC) launched the Aged Care Voluntary Industry Code of Practice on Friday 5 February with Minister for Senior Australians and Aged Care Services Richard Colbeck and the Council’s Acting Chair and Australian Unity CEO of Independent and Assisted Living, Kevin McCoy.

Australian Unity announces lowest premium increase in two decades for private health insurance

21 Dec 2020 - The average increase across all Australian Unity health insurance products will be 1.99 percent, below the industry average increase of 2.74 percent. The change will happen from 1 April 2021 - the date that the annual government-approved premium changes come into effect for the entire sector.

Australian Unity program benefits more than 600 seniors from CALD communities

16 Dec 2020 - Australian Unity launched its very first Community Participation for Seniors from Emerging Communities program two years ago.

Australian Unity’s Specialist Disability Accommodation fund grows portfolio and inks debt deal with Bank Australia

15 Dec 2020 - Australian Unity’s Specialist Disability Accommodation Fund has announced the settlement of 10 apartments at Moonee Ponds, the acquisition of 10 off-the-plan apartments in Essendon, and the acquisition of 9 off-the-plan apartments at Williams Landing, growing the Fund to ~$43 million.

Australians ‘remarkably resilient’ during COVID-19

08 Dec 2020 - Despite reporting elevated levels of stress and anxiety through the COVID19 pandemic, remarkably, Australians have maintained a relatively stable sense of wellbeing.

Australian Unity acquires office and warehouse in South Australia’s premier defence precinct

07 Dec 2020 - Australian Unity’s Diversified Property Fund has acquired an office and warehouse in the Osborne Naval Shipyard in South Australia for $48.25 million.

Herston Quarter STARS achieves commercial acceptance

26 Nov 2020 - Australian Unity has delivered its first building as part of Brisbane’s Herston Quarter precinct,which will be home to the new Surgical, Treatment and Rehabilitation Service (STARS) which has officially achieved commercial acceptance. The milestone confirms the on-time delivery of the project, some three years and six months since works began.

Australian Unity Bank announces home loan rate cuts

24 Nov 2020 - Australian Unity Bank has reduced its fixed interest rate home loan rates for new customers following the Reserve Bank of Australia’s measures to support job creation and the recovery of the Australian economy from COVID-19.

Australian Unity notifies FWO of results of payroll operations review

10 Nov 2020 - Member-owned wellbeing company Australian Unity has notified the Fair Work Ombudsman (FWO) of the findings of a review into the remuneration operations of its human services businesses.

Australian Unity launches Future of Healthcare Fund

12 Oct 2020 - Australian Unity has launched the Australian Unity Future of Healthcare Fund to generate long-term capital growth for investors and increase the wellbeing of all Australians by investing in the future healthcare needs of the community.

Australian Unity’s Diversified Property Fund taps market for $50 million

12 Oct 2020 - Australian Unity’s $5261 million Diversified Property Fund (Fund) will seek approximately $50 million from the market to fund its current circa. $100 million development pipeline and acquire new direct property assets.

Australian Unity to fund $44 million private hospital in Western Sydney

12 Oct 2020 - Australian Unity’s Healthcare Property Trust has exchanged contracts on a $43.83 million deal to acquire three parcels of land with planning approval for a 90-bed private hospital within the Nepean Hospital precinct in Kingswood, NSW.

Australian Unity appoints Dr. Joe Fernandes as CIO

08 Sep 2020 - Australian Unity’s Wealth & Capital Markets business has appointed Dr. Joe Fernandes as Chief Investment Officer.

Australian Unity launches Green Bond Fund with CEFC and Crestone as cornerstone investors

06 Jul 2020 - Australian Unity has launched a new green bond fund backed by cornerstone investments from Clean Energy Finance Corporation (CEFC) and clients of Crestone Wealth Management.

Australian Unity sets sights on Meadowbrook, Qld for future health precinct

06 Jul 2020 - Australian Unity has signed an option agreement with Riverina (Australia) Pty Limited to acquire 18 Nestor Drive, Meadowbrook, a prominent site located directly opposite Logan Hospital, for $11.56 million.

Australian Unity appoints new CEO for Wealth & Capital Markets and Group Executive, Finance & Strategy and CFO

06 Jul 2020 - Australian Unity Group has today announced the appointment of Ms Esther Kerr-Smith as Chief Executive Officer of its Wealth & Capital Markets business and Mr Darren Mann as Group Executive, Finance & Strategy and Chief Financial Officer.

$100 million private hospital set for Melbourne's booming west

17 Jun 2020 - Construction is expected to commence on Sunshine's first private hospital early next year.