Is using the Future Fund for housing, energy and infrastructure really ‘raiding Australia’s nest egg’?
- Written by Mark Crosby, Professor, Monash University
Chichimaru/ShutterstockAustralia has a seriously big “nest egg”. The Future Fund – our sovereign wealth fund set up in 2006 – now manages about $230 billion.
Specifically, its remit is to “invest for the benefit of future generations of Australians”. That’s long been interpreted as earning the best...
