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Healthcare CEO at Australian Unity, Amanda Hagan suggests people with anxiety and depression can be successfully treated through an innovative program that could help control burgeoning mental health costs in the health system. In a speech to the Health Insurance Summit, Ms Hagan warns the current funding arrangements in the health system are stifling innovation. Read Amanda's speaking notes here (pdf) View Amanda's presentation here (pdf)
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Australian Unity today launched an innovative new investment product FuneralPlan Bond. With growth-oriented investment options the Bond is designed to provide returns greater than inflation and an option for investors not requiring a capital guarantee.
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Despite significant media coverage, survey results released today by Australian Unity show the majority of Australians approaching retirement aren’t aware of or prepared for the government’s recent super changes.
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A booming population and growing demand for health services in Melbourne’s west are behind Australian Unity’s Healthcare Property Trust’s (HPT) latest acquisition of The Sunshine Private Medical Centre and Day Surgery and surrounding development land for $33 million, announced today.
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Platypus Asset Management’s Systematic Growth Fund has been added to Hub24’s investment menu. The low-cost systematic fund has returned 8.66% per annum since inception in November 2009, outperforming the S&P/ASX 300 Accumulation index over this time by more than 1% per annum after fees.
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Australian Unity has provided views to the federal government on how Aged Care Quality standards can be improved.
Read moreThe Altius Sustainable Bond Fund (SBF) has reached more than $100m in funds under management, reflecting increasing investor demand for sustainable fixed interest investments and SBF’s consistent year-on-year returns.
Read moreYounger investors are focused on technical ability and results, not long-term relationship, when evaluating their financial advisers – according to data from the latest bi-annual Lifeplan ICFS Financial Advice Satisfaction Index.
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As one of Australia’s largest mutual organisations, we are pleased to sign up to the Tax Transparency Code and support greater tax disclosure in Australia as this reflects our commitment to compliance from a regulatory and financial perspective and strives for transparency with respect to our tax strategy and corporate governance.
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Australian Unity supports the NDIS model of consumer-directed care to deliver health and wellbeing outcomes for individuals and value for communities and taxpayers. But getting the market design and cost structure right for both consumers and providers is critical to its sustainability.
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Australian Unity is calling on the federal government for a change in the law to better recognise the status of mutual organisations in the Corporations Act and to enable mutual organisations to raise capital through a new form of instrument, a Mutual Capital Instrument. The federal Treasurer Scott Morrison has appointed an Independent Facilitator, Greg Hammond AO, to examine whether and how to recognise mutual organisations in the Corporations Act, after an earlier Senate Inquiry into the matter.
Read moreAfter less than two days of capital raising, Australian Unity’s $1.2 billioni healthcare property trust (HPT), has successfully raised more than $170 million to help fund its future development and acquisition activities.
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Australian Unity’s Campbell Place Residential Community was officially opened today by The Commissioner for Senior Victorians, Gerard Mansour and Murray and Ann Campbell.
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Australian Unity’s $1.2 billion healthcare property trust (HPT), the largest healthcare real estate investment trust (REIT) in the country, will re-open this May to help raise funds for its ~ $500 million development pipeline.
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A commitment to meaningful capital improvements of key assets in property investment portfolios can play an important role in improving returns for REIT investors, according to Mr Chris Smith, the head of Healthcare Property at Australian Unity.
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Australian Unity Wealth has appointed Tim Barber as General Manager – Banking reporting to Australian Unity Wealth CEO David Bryant.
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Australian Unity Trustees has appointed Caroline Whitby to the newly-created position of national manager - philanthropy.
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Leading mutual organisation Australian Unity welcomes federal Treasurer Scott Morrison’s decision to initiate a consultation on the reforms needed to support cooperatives, mutuals and member-owned firms as key continuing contributors to the national economy.
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There is an increasing need for estate planning and trustee services for middle income Australians as the population ages and as issues such as dementia and blended families become more prevalent, says Rohan Mead, group managing director of Australian Unity.
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Financial services, healthcare and independent & assisted living company Australian Unity Limited (Australian Unity) has reported revenue and other income of $901.7 million for the six months to 31 December 2016, an increase of 43.0 percent compared to the corresponding period last year (31 December 2015: $630.4 million).
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