Infratil defends Morrison fees at annual meeting

CEO Jason Boyes has a plan to address concerns about portfolio concentration. (Image: Supplied)

Tue, 19 Aug 2025

Infratil has faced scrutiny from shareholders in relation to the fees it pays its manager, Morrison.For the year to March 31, Morrison Infrastructure Management earned $456.2 million in fees, up from $214.6m the previous year. At the infrastructure investor's annual meeting on Tuesday, one shareholder asked chair Alison Gerry to explain why the fees had more than doubled year on year. “The management agreement has been in place for about 30 years, and it is very complicated, so we totally understand that it takes q...

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