Australian Unity

Description: 

Australian Unity is an Australian integrated financial services group that derives the bulk of its revenue from the provision of products and services to assist members with their savings, financial security, healthcare and retirement living needs. Australian Unity employs over 2,500 full time staff and is administered from its head office in Melbourne. Australian Unity has its origins in two Victorian Friendly Societies, Manchester Unity (est. 1840) and the Australian Natives' Association (est. 1871). These merged in 1993 to form the Australian Unity Friendly Society Ltd. In 1997 the company acquired the Growth Equities Mutual Ltd (one of Australia's largest retail property securities funds). The following year it took control over Freedom of Choice Masterfunds, and in 1999 it merged with the Heritage Friendly Society Ltd. Over the period 2000-2015 Australian Unity expanded via the acquisition of several smaller funds including: Grand United Friendly Society (2005) and Lifeplan Funds Management (2009).  

Type: 
Mutual
Industry: 
Financial Services
State: 
VIC
EST Year: 
1840
Actively Trading: 
Yes
Reason for Inactivity: 
No change
ABN: 
ABN 23 087 648 888
Members: 
300,000
Current Turnover: 
$1,745,872,000
Address: 
114 Albert Road, SOUTH MELBOURNE VIC 3205
Telephone: 
03 8682 7000
Chair Person: 
Peter Promnitz
CEO: 
Rohan Mead
Aboriginal: 
No
Incorporation: 
ASIC Corporations Act
Financial Institution: 
Yes
Number of Board Members: 
7
Distributing: 
No