Trustees Australia (TAU)

Shares / Stock Code

TAU

Stock Exchange / Sharemarket

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Trustees Australia Limited is an Australian company focusing on the investment in financial services business, including managed investment schemes. The company also owns and operates Magnums Airlie Beach Backpackers as well as develops properties at Alrlie Beach.

In recent years its investment emphasis has progressively changed from property and hospitality to revert to its financial services and investment management background. Trustees Australia has concentrated on acquiring and developing a range of investment facilitation tools for the retail and mid-tier investor market and their advisers, to assist them to provide efficient and reasonably priced advice via modern web-based technology platforms.
Trustees Australia also looks to take strategic investment positions in underperforming listed entities where the Trustees Australia board believes that it can work together with existing boards to help bring about improvement in financial and cultural performance, ideally via board representation, for the benefit of all shareholders of the investee entities and as a consequence of Trustees Australia shareholders.