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Showing 1 - 5 of 5 results for "Future Fund Act"

Coronavirus no match for Future Fund

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Future Fund chief investment officer Raphael Arndt is confident Australia's sovereign wealth fund can handle the impacts of the coronavirus outbreak, thanks to its diversification. Appearing before the Senate Finance and Public Administration Legislation ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... $60.5 billion contribution from the Government. It has since earned $94 billion from this, it said. Under the Future Fund Act 2006, its net earnings will be available to meet the Australian Government's superannuation liability in 2020-21. Projected ...

Government puts stopper on Future Fund drawdowns

ALEX BURKE  |  TUESDAY, 9 MAY 2017
... has said drawdowns from the Future Fund will not commence in 2020-21 in order to preserve returns. As per the Future Fund Act 2006, drawdowns from the Future Fund were expected to commence at this point to meet the unfunded liabilities of Australian ...

Future Fund surges to $123 billion

ALEX DUNNIN  |  MONDAY, 31 OCT 2016
The Future Fund has issued its 2016 annual report confirming that its investment performance is ahead of its long term target benchmark. The Future Fund, now valued at $123 billion, was established in 2006 as a fiscal fund to offset Australia's ballooning ...

AustralianSuper threatens to sue the Future Fund

STAFF REPORTER  |  THURSDAY, 28 FEB 2013
AustralianSuper has threatened to sue the Future Fund over its purchase of a stake in Perth airport, the Australian Financial Review has reported. This morning the Australian Financial Review reported that it had obtained a letter, sent on Monday on ...
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