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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Performance

Future Fund’s Murray says productivity needed to curb inflation

Posted on 23 October 2009

From Bloomberg: Australia needs improvements in productivity to avert a quickening of inflation, according to David Murray, chairman of the nation’s A$64.3 billion ($59.5 billion) sovereign wealth fund.

“The only way out for governments is productivity improvement,” he said in a speech today to business leaders in Sydney. “If that’s not done, then we will run a huge risk of inflation.”……………………Full Article: Source


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