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

ANZ boss backs sovereign wealth fund

Posted on 25 February 2011

Mike SmithFrom Smh.com.au: ANZ’s chief executive, Mike Smith, has added to growing calls among business leaders for a sovereign wealth fund to ensure Australia does not squander its windfall from the mining boom.
Such a fund should be used as a driving force for investment in infrastructure, Mr Smith said, but tax reform was needed before it could be established………………………………………..Full Article: Source


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