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Showing 1 - 8 of 8 results for "Future Fund of"

Chief economist update: Surplus here we come

BENJAMIN ONG  |  WEDNESDAY, 26 SEP 2018
... (of $452.7 billion - $6.9 billion less than previously estimated) and higher than estimated dividends from the Future Fund of $5.1 billion (versus $3.8 billion). Australia's deposed prime minister, Malcolm Turnbull, must be wishing the report was ...

Super behemoths set to lock horns in Supreme Court

MARK SMITH  |  WEDNESDAY, 28 AUG 2013
... worth of shares from the Australian Infrastructure Fund (AIX). Yesterday the industry fund accused the $80 billion Future Fund of withholding crucial documents relating to the case, believed to be management and board minutes. AustralianSuper said it ...

Future Fund denies wrongdoing in Perth Airport deal

MARK SMITH  |  TUESDAY, 27 AUG 2013
... action. "The Future Fund denies that it has any liability to Australian Super in relation to the acquisition by the Future Fund of the PADG shareholding and will vigorously defend any claim for relief should Australian Super decide to pursue a claim," ...

Future Fund offloads Telstra shares

MEDIA RELEASE  |  WEDNESDAY, 20 OCT 2010
The $67 billion-plus Future Fund has sold 113.6 million Telstra shares - bringing its holding in the telecom giant down from 10.9 to 10 per cent. At a senate estimates hearing yesterday, the Future Fund Board of Guardians said it had sold the shares ...

ETF portfolio vs Future Fund portfolio shows gap

ELISE BURGESS  |  TUESDAY, 21 SEP 2010
In an experiment to see how a retail investment portfolio made up mainly of ETFs compares with the Future Fund's portfolio, Financial Standard discovers key investment gaps. David Bassanese, director of PennyWise Investment Economic & Investment Consulting ...

Future Fund offloads Telstra shares

COMPANY RELEASE  |  FRIDAY, 21 AUG 2009
The $58 billion Future Fund has sold 684.4 million Telstra shares or 34 per cent of its Telstra holdings to institutional investors. The Future Fund sold the shares at a price of $3.47 (gross proceeds $2.37 billion) through an underwritten sale to the ...

Fed's unfunded liabilities balloon to $80bn

ALEX DUNNIN  |  THURSDAY, 28 MAY 2009
Federal unfunded superannuation liabilities have jumped 75 per cent in less than a decade, putting pressure on the government's Future Fund strategy to contain the fiscal blow out. The figures, contained in the latest Mercer analysis from the Department ...

Future Fund will not inflate asset prices

AAP  |  WEDNESDAY, 15 JUN 2005
... running a structural saving deficit of $37 billion a year, compared to the projected annual contributions to the Future Fund of an on going $8 billion to $9 billion a year. He also said the fund would be unlikely to invest all of the initial $16 billion ...
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