Greg Combet to succeed Peter Costello as chair of the Future Fund
The Future Fund is Australia’s largest financial asset. At the end of last year, it had $272 billion in assets under management.
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The Future Fund is Australia’s largest financial asset. At the end of last year, it had $272 billion in assets under management.
Jim Chalmers says that the Future Fund’s purpose and independence is safe. But it is difficult to be reassured without more concrete guardrails.
Open mike is your post. For announcements, general discussion, whatever you choose. The usual rules of good behaviour apply (see the Policy). Step up to the mike …
New Future Fund boss Greg Combet has been warned by the $212 billion sovereign wealth fund’s first chairman not to risk taxpayer money on “nation building” projects such as green energy and housing.
In a few months time Greg Combet will be chairman of Australia’s Future Fund, the country’s SWF. His government and business experience is significant. He is an Australian labor party leader, a former Labor politician and Cabinet Minister, former Secretary of the Australian Council of Trade Unions, former leader of profit-to-member superannuation funds, and chair…