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Showing 1 - 10 of 100+ results for "Peter Costello"

Future Fund battles challenging markets

CHLOE WALKER  |  TUESDAY, 3 MAY 2022
... global equity markets turned down sharply, and the Australian market was flat," Future Fund Board of Guardians chair Peter Costello said. "A large part of this was due to rising inflation which will lead to higher interest rates around the world and ...

Future Fund now over $200bn

CHLOE WALKER  |  WEDNESDAY, 2 FEB 2022
... about $143 billion in returns. Its 10-year return now sits at 10.8% against a target of 6.2%. Future Fund chair Peter Costello said the fund has been carefully positioned to successfully navigate the challenges thrown up by the COVID-19 pandemic, and ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... a 10-year return of 10.5% pa, the Future Fund now stands just shy of the $200 billion mark," Future Fund chair Peter Costello said. "Investment returns have added over $138 billion to the $60.5 billion originally contributed by government after the fund ...

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
... Fund. Total managed assets across all six funds reached $245.8 billion at 30 June 2021. Future Fund board chair Peter Costello commented: "COVID-19 has accelerated many significant changes in the nature of work and in household use of technology." "It ...

Future Fund appoints chief investment officer

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... valued at $210 billion. "Sue is a globally recognised investment leader," Future Fund Board of Guardians chair Peter Costello said. "Markets and economies are operating in very unusual circumstances and her experience and expertise will be invaluable ...

Future Fund posts modest growth

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... $163 billion, but is down 1.8% year on year due to the impact of COVID-19 in the March quarter. Future Fund chair Peter Costello said the fund exists to strengthen the Commonwealth's long-term financial position and noted since inception it has earned ...

New Future Fund chief executive

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
... chief executive, promoting its chief investment officer to the role. Chair of the Future Fund Board of Guardians Peter Costello announced the appointment of Raphael Arndt as the Future Fund Management Agency's chief executive officer. Arndt has been ...

Future Fund falls 3.4% in March quarter

KANIKA SOOD  |  MONDAY, 27 APR 2020
... giving strong returns in the Future Fund and assisting with the balance sheet in the future." Future Fund chair Peter Costello said the fund has prioritised reducing its exposure to illiquid assets over recent years. "In a quarter where the ASX 200 fell ...

Future Fund board members reappointed

KANIKA SOOD  |  FRIDAY, 17 APR 2020
... Queensland and an MBA from the Harvard Business School. The Future Fund's board is chaired by former Treasurer Peter Costello and has six other members, who are appointed by ministers. Board members are appointed on a part-time basis for a term of up ...

Vale Ted Evans

ELIZA BAVIN  |  TUESDAY, 14 APR 2020
... grip. Belief and persistence were his strengths which he employed in powerful advocacy." Former Liberal treasurer Peter Costello said Evans believed in serving the public and had left "an enduring legacy to Australian economic policy". "The balancing ...
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