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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches, Market

Australia Future Fund head concerned by lack of NBN transparency

Posted on 14 September 2010

From Totaltele.com: The head of the Future Fund, David Murray, has expressed concerns about the lack of transparency around Telstra Corp.’s deal with NBN Co. over the Australian government’s planned A$43 billion national broadband network.
Murray told the newspaper the fund was “in the dark” about Telstra’s deal with NBN Co., which the company values at A$11 billion, and said Telstra “has got to keep the market informed”……………………………………….Full Article: Source


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