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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches, Trends

Australia: Pressure for sovereign wealth fund

Posted on 18 February 2011

From Smh.com.au: Some of Australia’s most powerful business leaders have thrown their support behind a Norwegian-style sovereign wealth fund to ensure Australia does not squander its windfall from the mining boom.
Comments by the heads of a broad range of the biggest companies are likely to increase pressure on the Gillard government to reconsider ways to secure more from the resource windfall with a long-term investment fund……………………………………….Full Article: Source


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