Securing a brighter future beyond the Olympics

The 2032 Olympics and Paralympics will focus world attention on Queensland and create a once-in-a-generation opportunity to develop infrastructure that will not just serve the Games but set the south-east corner up for decades.

Brighter Super, which has become a $30 billion fund, as at June 30, 2023, after the merger of LGIAsuper and Energy Super in 2021, and the merger with Suncorp Super in June, is well placed to support Queensland to reach its full potential.

The Olympics will transform Brisbane and the surrounding region, raise its profile as an international tourist destination, and drive infrastructure development.

Brighter Super’s assets in South-East Queensland, including interests in the Sunshine Coast and Gold Coast airports, the land housing the Warner Bros. Movie World and Wet ‘n Wild theme parks, and the Gold Coast light rail, will play significant roles during the Olympics.

As a fund committed to investing in regions where our members live and work, Brighter Super will look to invest in projects that will have an effective life long after 2032 and will continue to generate returns.

Future projects we hope to be part of will be similar to our past investments such as the Commonwealth Games accommodation on the Gold Coast, now repurposed as a mixed-use residential facility within the Gold Coast Health and Knowledge Precinct.

In keeping with our heritage in Energy Super, Brighter Super, which owns the Coopers Gap Wind Farm between Dalby and Kingaroy, is investing in the energy sector and the transformation that will be driven both by the federal government’s net-zero by 2050 target and the Olympics.

Japan, after committing to 100 per cent renewable energy for the 2021 Tokyo Olympics, has made green energy a standard for hosting the games.

After doubling in size with the Suncorp Super merger, Brighter Super is well placed to contribute to the financial services industry in Queensland at a time when the Olympics, population growth, and the energy transformation create major opportunities.

The Building Queensland’s future together: Harnessing new growth in financial services report by the Queensland Futures Institute estimates the financial services industry directly generates $21 billion to Queensland economic activity.

As the fourth largest non-government financial institution in the state, Brighter Super is committed to playing a leading role in continuing the financial services industry’s growth and creating high skilled jobs for Queenslanders.