Centuria Capital
ASX:CNIUnverifiedReported Offshore Headcount
116+
reported 30 Jun 2025 — Centuria Capital Modern Slavery Statement 2024
Estimated % of Workforce
~30.6%
illustrative — not directly reported by the company
Destination Countries
Financial Context
Market Cap
$1.4B
Revenue
$300M
Net Profit
$80M
Estimated Wage Differential
~$10M/yr
CEO
John McBain
CEO Total Pay
$6,982,000
CEO earns
63x the average Australian worker
avg Australian salary $110K+/yr
Illustrative wage differential: if the 116+ reported offshore roles were instead employed in Australia at average local rates, the additional cost could be in the order of ~$10M/yr (~12.5% of reported net profit). This is an estimate based on industry averages, not company-specific data.
Would this company be profitable without offshoring?
Financial data: FY2024. Estimate uses avg AU cost of $110,000+/yr (salary only, excluding super, office, recruitment) vs offshore $25,000/yr (salary + on-costs). Actual figures vary by role, seniority, and location.
In Plain English
- In 2025, Centuria Capital was reported to have 116+ offshore contractors and staff.
- This represents ~30.6% when compared to its current workforce of 379 (illustrative comparison only — not directly reported by the company).
- 🇵🇭 116+ staff reported in Philippines in Back Office.
Based on data from public sources at the dates reported. Figures may not reflect current headcount. See sources below for full attribution.
Department Breakdown
| Department | Country | Headcount | Confidence |
|---|---|---|---|
| Back Office | 🇵🇭 Philippines | 116 | Estimated |
Real Estate Peers
How Centuria Capital's known offshore percentage (30.6%+) compares to reviewed real estate peers.
| Company | ASX | Known Offshore* | Offshore Destinations |
|---|---|---|---|
| Arena REIT | ARF | None found | - |
| BWP Trust | BWP | None found | - |
| Centuria Industrial REIT | CIP | None found | - |
| Charter Hall Group | CHC | None found | - |
| Charter Hall Long WALE REIT | CLW | None found | - |
What Public Sources Say
All information below is sourced from publicly available documents and reporting. Excerpts are direct quotes. Click source links to verify.