AustralianSuper divests more than $26m of shares in poker machine giant Aristocrat from socially aware option

The ‘highly significant’ decision comes after criticism of superannuation funds increasing their investment in the gambling industry

Australia’s largest superannuation fund has divested more than $26m of shares in poker machine giant Aristocrat from its “socially aware” option, after sustained criticism of its support for the gambling industry.

The decision was made after a review of investments to ensure the fund was meeting the expectations of its ethically minded members.