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Sovereign Wealth Funds Briefing - Categorized | Market

Future Fund chairman David Murray attacks ‘auctioning’ of votes

Posted on 09 September 2010

From Theaustralian.com.au: Future Fund chairman David Murray has called for the government to adopt transparent, private-sector expenditure disciplines as a way of stopping politicians from conducting an “auction” for their votes.
Lamenting the high cost of bids by Labor and the Coalition to secure power, Mr Murray said the outcome, where Julia Gillard was elected on Tuesday with the support of two independents, was “very bad for fiscal discipline”……………………………………….Full Article: Source


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