Sat, Dec 27, 2014
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Market

Mining boom ’squandered’: CFMEU

Posted on 26 November 2013

Australia should consider a Norwegian-style sovereign wealth fund to share around the benefits of the mining boom, a union report argues. The Construction, Forestry, Mining and Energy Union (CFMEU) released its report on the resources boom, Sharing the Benefits today.
The report found that although the boom had helped shelter Australia from the worst of the global financial crisis, governments had “squandered” a chance to efficiently share its profits. “We have experienced a major boom but have relatively little to show from it,” CFMEU president Tony Maher said in the report………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15441 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« Nov    
1234567
891011121314
15161718192021
22232425262728
293031