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Showing 41 - 50 of 538 results for "Future Fund"

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... from 2024 onward. It's estimated there's about 974,000 kids under 10 in NSW today. Treasurer Matt Kean said the Kids Future Fund was an investment in the dreams and aspirations of the children of the State. "We know that long term financial security ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... Australian Retirement Trust (ART) has made several high-profile appointments to its board and investment committee. Former Future Fund managing director Mark Burgess will join ART as a board director and member of the investment committee in mid-2023. ...

Government housing measures progress

CASSANDRA BALDINI  |  THURSDAY, 16 FEB 2023
The legislations to create the $10 billion Housing Australia Future Fund that will deliver 30,000 affordable homes has passed. Minister for Housing, Julie Collins confirmed the legislation to deliver the single biggest investment in affordable and social ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
... package of social and affordable housing legislation was introduced in parliament overnight. Under the Housing Australia Future Fund Bill 2023, some $10 billion will be used to deliver 30,000 social and affordable homes. This includes 4000 homes for ...

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... exchange hedges. Additionally, AMP remains eligible for a potential cash earn-out of up to $180 million, contingent on future fund raising for Global Infrastructure Fund III and Global Infrastructure Fund IV. In an ASX announcement, AMP said the completion ...

Future Fund reports 3.7% loss for 2022

CASSANDRA BALDINI  |  WEDNESDAY, 1 FEB 2023
Future Fund has posted a -3.7% return for calendar year 2022. Its chair Peter Costello explained that the S&P ASX 200 falling 5.5% and the S&P 500 dropping 13.6% caused the Future Fund to deliver a negative outcome. "The cycle of rising rates to control ...

Future Fund subsidiaries set to receive tax exemption

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
The government is proceeding with a legislative amendment to exempt Australian subsidiaries of the Future Fund board from corporate income tax. Currently, the Future Fund board is exempt from income taxes, but this exemption doesn't extend to its ...

Six local funds in world's top 100: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... in some cases figures from June 2021 were used. There are six local entities that make the Asset Owners 100, with Future Fund ranking the highest at 37 th with US$185 billion. AustralianSuper ranked 43 rd with US$169 billion, Aware Super 71 st with US$107.5 ...

Cbus pledges $500m to support Housing Accord

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... committing $500 million to support the construction of new social and affordable homes through the Housing Australia Future Fund (HAFF) as part of the national Housing Accord. Cbus chair Wayne Swan said the fund's commitment to the Housing Accord aligned ...

Affordable housing investments a win-win: ISA

ANDREW MCKEAN  |  WEDNESDAY, 23 NOV 2022
... affordable and social housing dwellings. The government also indicated it will invest $10 billion in the Housing Australia Future Fund to generate returns from building 30,000 new social and affordable homes in the fund's first five years. Nevertheless ...