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Tag: management issues shares

AustralianSuper Divests Stake in WiseTech Amid Governance Concerns

Oct 18, 2025

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by

Recruitment Super

in Superannuation News

AustralianSuper, the largest super fund in Australia, has made a significant move by divesting its stake in WiseTech Global, a tech company listed on the ASX. The decision was driven by concerns over governance and management issues within WiseTech that did not align with AustralianSuper’s expectations. This development comes amidst a series of scandals surrounding…