Autumn Statement: Chancellor confirms investment for growth via science
Chancellor Jeremy Hunt today confirmed the expected raft of commitments to boost the UK economy with significant support for science sectors.
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Chancellor Jeremy Hunt today confirmed the expected raft of commitments to boost the UK economy with significant support for science sectors.
The Future Fund Board of Guardians will be forced to periodically disclose the investment holdings of the $250 billion sovereign wealth fund.
It would reduce risk to taxpayers in a higher inflation world and remove the “pea and thimble” public finance distortions and opportunities cost of the wealth manager.
Given Australia's economic status, the government has been urged to liquidate the $250 billion Future Fund and pay down its $896 billion debt.
Labor could reduce gross debt by 25 per cent and save $10 billion per year if it liquidated the future fund, according to the Centre for Independent Studies.